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

Author Question: If you receive a dollar return of 6 percent on a one-year Korean bond that yields 10 percent ... (Read 106 times)

lracut11

  • Hero Member
  • *****
  • Posts: 536
on: Jun 30, 2018
If you receive a dollar return of 6 percent on a one-year Korean bond that yields 10 percent annually, this means that between the purchase date and the time of maturity:
 a. the Korean won (KRW) has depreciated 4 percent against the U.S. dollar.
  b. the dollar price of the Korean won (KRW) has risen by 10 percent.
  c. the percentage change in the dollar per Korean won exchange rate is 6 percent.
  d. the dollar proceeds from the Korean bond are 4 percent higher than the initial dollar investment.
  e. the dollar has depreciated 16 percent against the Korean won.

Question 2

Which of the following will create a demand for or a supply of currencies?
 a. Trade in goods
 b. Trade in services
 c. Trade in financial instruments
  d. Any of the above.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

SAUXC

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

d


lracut11

  • Hero Member
  • *****
  • Posts: 536
Reply #2 on: Jun 30, 2018
Thank you


SAUXC

  • Sr. Member
  • ****
  • Posts: 318
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

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?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Hydrogen bond Hydrogen bond
Return of oxygenated blood to the heart and entry into the aorta (red = oxygenated blood, blue = ... Return of oxygenated blood to the heart and entry into the aorta (red = oxygenated blood, blue = ...
Distribution of Thunderstorms: Approximately 14.5 million thunderstorms occur each year across the ... Distribution of Thunderstorms: Approximately 14.5 million thunderstorms occur each year across the ...
Peptide bond as resonance hybrid of two forms Peptide bond as resonance hybrid of two forms
Covalent bond Covalent bond
Convert percent to Fraction Convert percent to Fraction
Video: Arthritis

For a complete list of videos, visit our video library