« previous next »

Author Question: The 30-day forward exchange rate is .01073033 dollars per yen. If this forward rate represents a per ... (Read 150 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?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

A compression gauge designed for the higher compression rate of a diesel engine should be used when ... A compression gauge designed for the higher compression rate of a diesel engine should be used when ...
Incorrect body alignment with back bent and head forward. Incorrect body alignment with back bent and head forward.
For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ... For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ...
Explain the myogenic autoregulation of the glomerular filtration rate Explain the myogenic autoregulation of the glomerular filtration rate
The same pair of homologs, but with no exchange occurring between them The same pair of homologs, but with no exchange occurring between them
General strategies of forward and reverse genetics General strategies of forward and reverse genetics
Video: Basic rhythm - control centers in medulla oblongata, spirograph and normal tidal cycle

For a complete list of videos, visit our video library