« previous next »

Author Question: The 30-day forward exchange rate is .01073033 dollars per yen. If this forward rate represents a per ... (Read 143 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?

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.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Adults in late middle adulthood frequently look forward to spending more time with their partner Adults in late middle adulthood frequently look forward to spending more time with their partner
Conduction and gas exchange structures and functions. Conduction and gas exchange structures and functions.
Regeneration of EF-Tu–GTP by Tu–Ts exchange Regeneration of EF-Tu–GTP by Tu–Ts exchange
Exchange of Oxygen and Carbon Dioxide Exchange of Oxygen and Carbon Dioxide
The consequences of a single exchange between two nonsister chromatids The consequences of a single exchange between two nonsister chromatids
Forces affecting capillary exchange Forces affecting capillary exchange
Video: ETC Protein Complexes & Chemiosmosis (Total ATP Production and ATP Synthase)

For a complete list of videos, visit our video library