« previous next »

Author Question: The 30-day forward exchange rate is .01073033 dollars per yen. If this forward rate represents a per ... (Read 64 times)

Evvie72

  • Hero Member
  • *****
  • Posts: 519
on: Jul 10, 2018
The 30-day forward exchange rate is .01073033 dollars per yen. If this forward rate represents a per
  year discount of 2.5 from the current spot rate, what is the current spot exchange rate?
 
  A) .01257754 dollars per yen B) .01329684 dollars per yen
  C) .01093833 dollars per yen D) .01073033 dollars per yen

Question 2

U.S. Treasury bills are exempt from federal, state, and local income taxes.
 
  Indicate whether the statement is true or false


ttt030911

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jul 10, 2018
Answer to Question 1

D

Answer to Question 2

FALSE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Feedforward control of breathing rate in an animal trained for athletic exercise. Feedforward control of breathing rate in an animal trained for athletic exercise.
Columbian Exchange Columbian Exchange
The rate of facilitated diffusion The rate of facilitated diffusion
Exchange of Oxygen and Carbon Dioxide Exchange of Oxygen and Carbon Dioxide
A spaceship leaves Earth at a steady forward speed of 70% the speed of light. How fast relative ... A spaceship leaves Earth at a steady forward speed of 70% the speed of light. How fast relative ...
Sonja is paid $42.50 per hour as a veterinarian. She is paid 1 times the regular rate for all ... Sonja is paid $42.50 per hour as a veterinarian. She is paid 1 times the regular rate for all ...
Video: Electrical Conduction System of the Heart

For a complete list of videos, visit our video library