If you are a Japanese producer who sells products in the US, you want a foreign exchange future without going through the futures market. So, you borrow money in dollars with an interest rate of 5% and immediately convert it to yen at a rate of 1 dollar to 100 yen. Then you put the money in a Japanese interest-bearing account with an interest rate of 10%. What is the forward exchange rate in this case?

Answers

Answer 1

Answer:

104.76 yen per dollar

Explanation:

the forward rate = spot rate x [(1 + foreign interest rate) / (1 + domestic interest rate)] = 100 yen x [(1 + 10%) / (1 + 5%)] = 100 yen x (1.1 / 1.05) = 104.76 yen per dollar

Since the interest rate in Japan is higher than the interest rate in the US, investors will start to purchase more yens in order to gain higher interest rates, which will eventually appreciate the yen against the dollar until both interest rates match.


Related Questions

Calculate the FV for the following 3 scenarios. Investment scenario #1:
You invest $1,000 (PV) for 10 years (n) at an interest rate of 5% (r). What is the amount you would receive at
the end of 10 years (FV)?
Investment scenario #2:
You invest $5,000 (PV) for 20 years (n) at an interest rate of 8% (r). What is the amount you would receive at
the end of 20 years (FV)?
Investment scenario #3:
You invest $10,000 (PV) for 30 years (n) at an interest rate of 12% (r). What is the amount you would receive
at the end of 30 years (FV)?
PLEASE ANSWER WITH WORK SHOWN :)

Answers

Answer:

?

Explanation:

Answer:

$2191.12

Explanation:

We are asked to find the value of a bond after 10 years, if you invest $1000 in a savings bond that pays 4% interest, compounded semi-annually.

FV=C_0\times (1+r)^n, where,

C_0=\text{Initial amount},

r = Rate of return in decimal form.

n = Number of periods.

Since interest is compounded semi-annually, so 'n' will be 2 times 10 that is 20.

4\%=\frac{4}{100}=0.04

FV=\$1,000\times (1+0.04)^{20}

FV=\$1,000\times (1.04)^{20}

FV=\$1,000\times 2.1911231430334194

FV=\$2191.1231430334194

FV\approx \$2191.12

Therefore, the bond would be $2191.12 worth in 10 years.

On March 25, 2014, Patton Company sold merchandise on account,$10,000. The applicable sales tax percentage is 8.5%. Record the transaction.

Answers

Answer:

Kindly see attached picture

Explanation:

Sales tax percentage= 8.5%

Sales = 10,000

Sales tax payable = 0.085 × 10000 = 850

Accounts payable = 10000 + 850 = 10850

Kindly see attached picture for journal entry

Create a minimum of 10 questions that you will ask your potential marketing client in order to be able to create and develop an advertising campaign for them. Utilize the information in the focus section above and in your course lessons. You will need to gather information about their company and its values, the area of focus for the ad campaign, target market, and other pertinent information.

Answers

Answer:

1. Are you advertising to a specific group of people/ Who is your target audience?

2. How would you reach out to that audience/What emotions are you trying to trigger within their minds?

3. How would you justify your prices?

4. Is your idea viable in the current market?

5. How would you differentiate your goods and services from any other similar products in the industry?

These are just examples. Hope this helps!

List five steps of the budget process

Answers

Answer:

1)The President submits a budget request to Congress

2)The House and Senate pass budget resolutions

3)House and Senate Appropriations subcommittees "markup" appropriations bills

4)The House and Senate vote on appropriations bills and reconcile differences

5)The President signs each appropriations bill and the budget becomes law

Explanation:

I put the five federal budget process steps. Hope this helps :)

Drag each tile to the correct location. Match each scenario to the appropriate form of business communication. Arty wants to talk with a coworker about providing support for another coworker. Samir wants to share an editing checklist he created with his team. Elena wants to quickly ask her team leader a question about a task she's working on. Rosanna needs to talk to an employee about his poor performance.

Answers

Answer:

digital messaging:

Samir wants to share an editing checklist he created with his team.Elena wants to quickly ask her team leader a question about a task she’s working on.

face-to-face or phone calls

Rosanna needs to talk to an employee about his poor performance.Arty wants to talk with a coworker about providing support for another coworker

SOLVE THE GRAPH AND THE SUPPLY OR SHORTAGE AND THE PRESSURE OF PRICE ​

Answers

Answer:

probably cant figure it out

Explanation:

outline one impact that use if technology, such as contactless payment systems, could have on a restaurant

Answers

Answer: it will increase spending in the restaurant by customers.

Explanation: Contact less payment systems involve the use of credit cards, debit cards, smart cards and smart phone and other devices which uses radio frequency identification (RFID) or near by field communication to pay for goods or services.

Contactless payment systems have had impact on spending since it inspection, it has increase spending because of the ease in payment.

Steve introduces in-house technical training programs for employees, as well as a provision to reimburse the tuition fees for employees who take college courses that benefit both the employee and the organization. Steve is using ________ to motivate and retain employees. high-performance work practices performance appraisal methods affirmative action mentoring



A) performance appraisal methods


B) high-performance work practices


C) mentoring


D) affirmative action

Answers

Answer:

B, High performance work practices

Explanation:

High performance work practices cab be defined as those practices that improve a firm's ability to attract, select, develop, hire as well as retain high performing personnel.

Simply put, high performances work practices can be defined as the ability of a company to attract high performing personnel to itself through selection, hiring, development, etc.

In the case of the question, Steve is doing his best to increase the effieciency of the employees by trainng, hiring, etc to ensure that the employees are high performance; which means the firm productivity will increase.

Cheers

This is for my NJROTC class! Pls help!

Answers

Answer: Option 1

Explanation:

Answer:

option1

Explanation:

What is a real account?

Answers

Answer:

A real account is an account that will not close at the end of the considered year. So apparently, balances in real accounts are carried over to become the the start of balances of the next year/period. Real accounts are also permanent accounts.

good and services are?​

Answers

Answer:

A GOOD is an object people want that they can touch or hold. A SERVICE is an action that a person does for someone else. Examples: Goods are items you buy, such as food, clothing, toys, furniture, and toothpaste. Services are actions such as haircuts, medical check-ups, mail delivery, car repair, and teaching.

Explanation:

Answer:

things that are imported and exported for business purposes

Explanation:

HELP 100 POINTS!! Review different ways businesses advertise on the Internet. Research three different methods of online advertising. For each method, include the following information. Be specific as pricing will be determined on size and reach of the ad. (5-6 sentences for each method)

Answers

Social media adsTargeted adsOnline commercial videos

Those are some of the ways to elaborate on the topic but plz write the essay yourself

The name used to identify a reduction made from the original selling price.

Question 8 options:

a)

Cut Rate


b)

Markdown


c)

Decrease


d)

Markup

Answers

i believe the answer is B) markdown
B because I got the same question and I got it right I hope you get it right

The demand side of economic policy, refers to the actions undertaken by a nation's central bank to control money supply to maintain economic growth. This is an example of

Inflation
monetary policy
Debt management
Loans

Answers

Answer:

The perspective of economic policy that focuses its efforts to follow a national central bank when it wants to make sure money supply is regulated to achieve a continuous economical positive development is an example of:

monetary policy

Explanation:

The reasons behind this answer are that monetary policy is the concept used to represent the efforts of a certain monetary organization to make sure the interest rates are set in the best scenario to enable borrowers to pay their debts. Pointing to a scenario of economical and monetary stability that would support the country in times of economical distress.

Help me stuck on this!!!!!

Explain THREE reasons why some entrepreneurs may prefer to keep their businesses small.

Answers

Answer:

It may provide more money, less people will try to buy your store, and it also helps with your credit

Explanation:

The cost of a secured loan is typically lower than the cost of an unsecured loan because _______.

Answers

Answer:

It’s requires Collateral

Explanation:

A secured loan requires you to have some thing as collateral damage, for example your house if you own.

The cost of a secured loan is generally lower than the cost of an unsecured loan because it requires collateral.

What is Secured loan?

A secured loan is defined as a loan in which the borrower pledges some asset as collateral for the loan, which then becomes a secured loan to the creditor lending the loan.

It is a type of loan backed by collateral where a financial asset we own, such as a home or car can be used as payment to the lender if we don't repay the loan.

The idea behind a secured loan is the basic idea, so lenders accept collateral against a secured loan to encourage borrowers to repay the loan on time. After all, the prospect of losing your home or car is a powerful motivator to pay down the loan, and to avoid repossession or foreclosure.

Thus, the cost of a secured loan is generally lower than the cost of an unsecured loan because it requires collateral.

Learn more about Secured loan, here:

https://brainly.com/question/17077155

#SPJ2

Mason bought a rotisserie in preparation for a party he was planning. When he put a chicken on the rotisserie, it would not rotate, but stayed in one position where it burned the chicken on one side a left it raw on the other. Does Mason have any recourse?

Answers

Answer:

Yes Mason has recourse

Explanation:

In this scenario Mason bought a rotisserie that did not work as expected. That is it did not rotate as it should thereby causing burning of the chicken.

Even is the seller of the rotisserie did not give a warranty to cover the product, there is an implied warranty that covers the use of goods.

Implied warranty is the minimum requirement expected from the use of a product. For example a.television is expected to come on when in use..

So Mason has a recourse because he is covered by implied warranty.

Research indicates that 17 percent of consumers recognize the Flatfeet brand of athletic wear. If there are 30,000 consumers in your town, how many will recognize the Flatfeet brand?

Answers

Answer:

5,100 Consumers

Explanation:

The 17% of the total consumer recognize Flatfeet brand which means:

Consumers who recognize Flatfeet = Total Consumers * percentage of people that recognize the brand

Here

Total consumers are 30,000

And

Percentage of people that recognize the brand is 17%

By putting values, we have:

Consumers who recognize Flatfeet Brand = 30,000 * 17%

Consumers who recognize Flatfeet Brand = 5,100 Consumers

HELP!!!
What is the effective tax rate for an individual whose taxable income is $150,000 and owes $28,977.50 in taxes?
A. 19.3%
B. 20.3%
C. 22.5%
D. 24.2%
E. 25.0%

Answers

Answer:

A: 19.3%

Explanation:

I took the test on Plato and this was the correct answer.

An individual with a taxable income of $150,000 and a tax debt of $28,977.50 has an effective tax rate of Option A.

What Is the Effective Rate of Taxation?

The effective tax rate of an individual or a corporation is the percentage of income paid in taxes. The average rate at which earned (wages) and unearned (stock dividends) income is taxed is known as an individual's effective tax rate.

The effective tax rate refers to the corporation's overall tax rate on its earned revenue. To calculate the effective tax rate, divide the income tax expense by the profits (or income earned) before taxes.

For more information about Effective Rate of Taxation refer to the link:

https://brainly.com/question/12209552

#SPJ2

Discuss the rationale of organizing an industrial strike in resolving employees dispute with the state, focusing on the detrimental effects strikes has on various stakeholders in an economy

Answers

Answer:

Strike action occurs when a group of

people or union suspend their working activities in order to make their displeasure known about certain factors which may include their working conditions. Strikes help in making sure there are changes and adjustments most of the time.

The workers on strike halt all types of production which leads to very little or no productivity at that moment in time. This translates to loss/debt being accrued as long as the strike is still ongoing.

How should you dress for a phone interview? (Site 1)
online content

Answers

Answer:

You should at least have a nice top on because only the camera will see that. If you are a girl you could just wear a dress, probably a black one because that is what I wore to my interview yesterday because there is no pattern or anything it's just a plain black one, but that was in person. if you're a guy you need to wear a suit and tie,but you could probably just wear shorts because they won't see the bottom half of you

Explanation:

I hope this helps out a little bit :-)

An interview is a formal process by which an employee is assessed for his/her performance by the employer.

For a phone interview, one should be dressed properly as the interviewer can see you through the camera.

For a girl, you should be dressed nicely and no revealing or extra shiny clothes should be wore.

In the case of a man, one should be properly dressed in suits or formal shirts.

Try to wear dark black or blue coloured clothes and sit in a properly lighted area.

To learn more about phone interviews follow the link:

https://brainly.com/question/3701296

Coach Sieb Has a treadmill desk. Walking on the treadmill will break down her triglyceride Levels 90% faster what is the percent that it breaks down while sitting

Answers

Answer:

0%

Explanation:

Base on the scenario been described in the question, where we saw coach Seib has 90% faster breaking her triglyceride Levels while working, when sitting, she has a 0% of breaking her triglyceride Levels because no movement, there will be no breakdown in the triglyceride Levels

which word best describes the writing process in business writing ?

Answers

Answer: Brainstorm Pre-write. Write rough draft. Peer-review. Revise ideas. Edit Publish Establish constructive purposes for student writing. Find real audiences, beyond the teacher, for students' writing

How does saving money help people avoid debt?

A.by helping them reduce interest payments

B. By helping them get approved for loans

C.by helping them apply for credit cards

D. By helping them cover unforeseen expenses

Answers

Answer:

D. By helping them cover unforeseen expenses

D Helping them cover unforeseen expenses

What is an assessment of what you own and what you owe?
A.
Personal balance statement
B.
Cash flow statement
C.
Budget statement
D.
Liability statement

Answers

Answer:

The A. Personal balance statement is an assessment of what you own and what you owe

Explanation:

The reason behind this is that first, the cash flow statement pictures the flux of cash from arrival to departure. The budget statement lets us know the income and the payments pre-planned for a certain project. But they don't reveal the reality, it is just an estimate. Now, the liability statement only provides us information about our expenses. While the personal balance statement lets us know our cash, our accounts receivable, our debt, and our accounts payable. So, it provides us a whole picture of our financial status.

Answer:

A. Personal Balance statement

Explanation:

A personal balance statement outlines all of your assets and liabilities.

When we purchase certificates of deposit or bonds, we forgo ________ in exchange for interest.

A) Liquidity

B) Purchasing Power

C) Tax Payments

Answers

Answer:

A

Explanation:

Certificate of deposit is a form of deposit where money is deposited in a financial institution for a defined period of time in order to earn a return.

It has advantages in paying higher returns than some other form of savings and is even more secured , however liquidity is forgone for the interest.

This means that you can not withdraw your money before the defined time unless you  are willing to forgo some accumulated interest and also pay early withdrawal penalty.

As cash is tied up , other investment opportunity that could bring a higher investment might be missed.

Polly borrowed $285 for a new floor lamp. She will make 5 monthly payments of $62 to repay the loan. How much will she pay in
interest?
$285
$62
$25
$310
$50​

Answers

She will pay 25.00 I. Interest

Identify three things that:
Speed up the inflow of cash into a business

Answers

Money, smart ideas and good speech

Frank is an employee of guitar makers, llc. guitar's employee manual states that workers, such as frank, will be dismissed only for good cause. with respect to the employment-at-will doctrine, this is

Answers

Answer: An exception based on contract theory.

Explanation:

Contract theory is an agreement reached by two parties over a set of deal to be entered, these negotiation met guides what the agreement is all about, violators of the agreement would attract extra bodies(Law makers) to come into their decision. At Ilc, if the guitar producers only release their workers based on good cause, it's seen as a contract theory, based on what both parties agreed.

45 on low of 6 a b c or d

Answers

Answer:

c

Explanation:

Answer:

a_______________________________________

Explanation:

Other Questions
the diagram above represents a reflex arc in a human. This pathway responds when someone touches something that causes pain, such as a hot stove. Which of the following shows the correct order of the body systems involved in this response?A) Integumentary, respiratory, digestiveB) Circulatory, respiratory, nervousC) Integumentary, nervous, muscularD) Circulatory, digestive, nervous There are 81 women teachers at Russell High. If 45% of the teachers in the school are women, how many teachers are there at Russell High? A fraction that is equivalent to 6/-5? The body mass index (BMI) of an individual is a measure used to judge whether or not an individual is overweight. A BMI between 20 and 25 indicated a normal weight. In a survey of 750 men and 750 women, the Gallup organization found that 203 men and 270 women were normal weight. Construct a 95% confidence interval for the difference in proportion of men and women who are normal weight. sintetizar el relato sobre la alegoria de Platn (a) Show how two 2-to-1 multiplexers (with no added gates) could be connected to form a 3-to-1 MUX. Input selection should be as follows: If AB = 00, select I0 If AB = 01, select I1 If AB = 1 (B is a dont-care), select I2 (b) Show how two 4-to-1 and one 2-to-1 multiplexers could be connected to form an 8-to-1 MUX with three control inputs. (c) Show how four 2-to-1 and one 4-to-1 multiplexers could be connected to form an 8-to-1 MUX with three control inputs What happens during interphase that allows the two resulting cells to be the same as theoriginal cell? Which sentence is true?A. - 3 > - 7B. - 2 < -9C. 4 < -1D. - 5 > 0 A local retailer claims that the mean waiting time is less than 8 minutes. A random sample of 20 waiting times has a mean of 6.3 minutes with a standard deviation of 2.1 minutes. At = 0.01, test the retailer's claim. Assume the distribution is normally distributed. Round the test statistic to the nearest thousandth. Classify this triangle. Acute scalene triangle Obtuse isosceles triangle Right isosceles triangle Right scalene triangle Hattie accepted a job as a makeup artist after being offered a $550 signingbonus. If she makes $32 an hour, which equation models Hattie's total pay y,in dollars, as it relates to the number of hours x that she works? You buy a classic comic book for $45. You want to resell it and make a $15 profit. What percent do you need to markup the comic book? Which of the following contributed to the formation of feudalism?A. People longer to reunite the territories of the Roman empire. B. People could not afford to pay taxes to the king.C. people were devoted to the Catholic Church and wanted to be obedient.D. people wanted the protection that the nobles could provide them. Verbes replacer : ouvrir, offrir, cueillir, (se) couvrir, dcouvrir, accueillir, souffrir 1. Le matin, ma sur toujours la fentre de sa chambre. 2. Mes parents les cerises au mois de juin. 3. Nous de nouvelles histoires chaque fois que nous un livre. 4. Vous nous toujours bras ouverts, c'est pourquoi nous vous ce petit cadeau. 5. Tu ne te pas assez pour sortir dans le froid ! 6. Elle ne pas trop avec cette chaleur ? A survey in one middle school showed that 3 out of 5 students enjoy biking on the weekends. Predict how many out of the 972 students in the school would say they enjoy biking on the weekends. Paint costs $12 per litre and can only be purchased in a full number of litres. One litre of paint covers an area of 10m2. A rectangular wall is 6.5 long and 3m high and needs two coats of paint. What will be the cost of paint for the wall? At what ages are teeth the most accurate indicators of age of an unknown skelton? Justify your answer with an explanation.(Forensics) Aquellas sandalias son muy cmodas, pero _____ (these) son ms elegantes.Qu es _______ (this)?Es ___________ (this) tu mochila?Prefiero este sombrero porque _____ (that one) is muy grande.Esos vestidos largos son demasiado caros; voy a comprar _____ (that one over there). _______ (that) es interesante. _______ (that over there) es bonito.No puedo usar esta tarjeta de crdito; tengo que usar _____ (that one). Esos zapatos tienen buen precio, pero ________ (those over there) no. Estas medias son buenas; las prefiero a _____ (those). Compare a lunar eclipse and a solar eclipse. For each type of eclipse, be sure to provide evidence that describes: The alignment of the sun, moon and earth during the eclipse.The phase of the moon that is observable during the eclipse.How the suns light is being blocked on the earth and the moon.Type your answer on a Google doc and submit Use the drop-down menus to identify the signal wordsSignal words let you know what's coming next in a in each sentencessentence.A horse raced down Emma's street. Another oneSignal words show relationships between ideas.followed itSome signal words are used in more than one way. his lunch.Because William had lost his wallet, his friend boughtBoth of the kittens grew up to be large, orange cats.