This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Suppose a U.S. citizen purchases a one-year Norwegian bond that yields 10 percent interest. Between ... (Read 105 times)

gonzo233

  • Hero Member
  • *****
  • Posts: 557
on: Jun 30, 2018
Suppose a U.S. citizen purchases a one-year Norwegian bond that yields 10 percent interest. Between the purchase date and the maturity date, the exchange rate changes from to How much was initially invested in the bond if the dollar value of the proceeds at maturity is 3,500? (roundoff up to the nearest whole number)
 a. 2,916
  b. 3,150
  c. 3,500
  d. 3,850
  e. 4,200

Question 2

If the United States purchases oil from Kuwait, what is the effect in the exchange market?
 a. It will increase the supply of U.S. dollars.
 b. It will decrease the supply of U.S. dollars.
  c. It will increase the demand for U.S. dollars.
  d. It will decrease the demand for U.S. dollars.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

at

  • Sr. Member
  • ****
  • Posts: 359
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

a


gonzo233

  • Member
  • Posts: 557
Reply 2 on: Jun 30, 2018
Excellent

kilada

  • Member
  • Posts: 311
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th
(A) A 62-year-old patient with myxedema exhibiting marked edema of the face and a somnolent look. Th (A) A 62-year-old patient with myxedema exhibiting marked edema of the face and a somnolent look. Th
Orson Welles in Citizen Kane. Orson Welles in Citizen Kane.
Hydrogen Bond Hydrogen Bond
essay on friendship written by a 10-year-old essay on friendship written by a 10-year-old
Citizen Cope-Let The Drummer Kick It Citizen Cope-Let The Drummer Kick It
Video: Definitions of stroke volume, preload definition & Factors influencing stroke volume

For a complete list of videos, visit our video library