« previous next »

Author Question: Assume that an American investor decides to buy one-year Swiss bonds that are denominated in Swiss ... (Read 102 times)

2125004343

  • Hero Member
  • *****
  • Posts: 566
on: Jun 30, 2018
Assume that an American investor decides to buy one-year Swiss bonds that are denominated in Swiss francs and pay 2 percent annual interest. For this purpose, 10,000 is exchanged into Swiss francs at an exchange rate of 1 = 2Fr to buy the bonds. How many dollars will the investor have after one year if the exchange rate is 1 = 1.5Fr?
 a. 10,000
  b. 10,200
  c. 15,300
  d. 13,600
  e. 7,650

Question 2

A decrease in supply will cause a surplus at the original market price.
 a. True
  b. False
  Indicate whether the statement is true or false


yeungji

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 30, 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

2125004343

  • Hero Member
  • *****
  • Posts: 566
Reply #2 on: Jun 30, 2018
Thank you :)


yeungji

  • Sr. Member
  • ****
  • Posts: 319
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Examples of hydrogen bonds Examples of hydrogen bonds
Nonpolar and polar bonds in an organic molecule Nonpolar and polar bonds in an organic molecule
Juvenile American alligator swimming, showing the distinctive yellow striping found on juveniles Juvenile American alligator swimming, showing the distinctive yellow striping found on juveniles
Mazie Hirono, the first Japanese American woman to be elected a U.S. senator. Mazie Hirono, the first Japanese American woman to be elected a U.S. senator.
Out of Many: A History of the American People Out of Many: A History of the American People
New year kid drawing New year kid drawing
Video: Mutations and translation

For a complete list of videos, visit our video library