Today's spot rate of the Mexican peso is $0.10. Assume that purchasing power parity holds. The U. S. inflation rate over this year is expected to be 7 percent, while the Mexican inflation over this year is expected to be 2 percent. Wake Forest Co. plans to import from Mexico and will need 21 million Mexican pesos in one year. Determine the expected amount of dollars to be paid by the Wake Forest Co. for the pesos in one year. Do not round intermediate calculations. Round your answer to the nearest dollar.

Money management refers to: question 1 options: preparing personal financial statements. day-to-day financial activities. storing financial records for easy access. spending money on current living expenses.

Alife tenant has the to keep the property in good repair and to pay property taxes. the two types of ownership are tenancy in common and joint tenancy. concurrent ownership can also be held in a tenancy by the entirety or as community property. in most states, it is that a co-tenancy is a tenancy in common. with a joint tenancy a deceased joint tenant's interest to the surviving joint tenant or tenants. the right of survivorship a joint tenancy from a tenancy in common. when a joint tenant transfers her or his rights to another without the consent of the other joint tenants, doing so the joint tenancy.

Suppose that a recent celebrity endorsement made more people prefer this brand of cell phone. now, more cell phones are demanded at each price level. the new equilibrium price is where both supply and demand quantities equal $120, 200 or $160, 300