g Suppose 1 U. S. dollar equals 1.25 Australian dollars in the spot market and that 6-month Australian securities have an annualized return of 2% risk-free (and thus a 6-month periodic risk-free return of 1%). Further suppose that 6-month U. S. securities have an annualized return of 1% risk-free (and thus a 6-month periodic risk-free return of 0.5%). If interest rate parity holds, what is the U. S. dollar-Australian dollar exchange rate in the 180- day forward market (express your answer as a direct quote to four decimal places)

Afirm wants to strengthen its financial position. which of the following actions would increase its current ratio? a. reduce the company's days' sales outstanding to the industry average and use the resulting cash savings to purchase plant and equipment. b. use cash to repurchase some of the company's own stock. c. borrow using short-term debt and use the proceeds to repay debt that has a maturity of more than one year. d. issue new stock, then use some of the proceeds to purchase additional inventory and hold the remainder as cash. e. use cash to increase inventory holdings.