« previous next »

Author Question: The 30-day forward exchange rate is .01073033 dollars per yen. If this forward rate represents a per ... (Read 142 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?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Visualization of heat exchange in an ectotherm and an endotherm. Visualization of heat exchange in an ectotherm and an endotherm.
Countercurrent heat exchange in dolphin flippers promotes conservation of body heat. Countercurrent heat exchange in dolphin flippers promotes conservation of body heat.
How would you rate your overall health?” The percent of adults answering “excellent” or ... How would you rate your overall health?” The percent of adults answering “excellent” or ...
Factors that Influence Pulse Rate Factors that Influence Pulse Rate
A heat exchange vest that uses ice packs for cooling A heat exchange vest that uses ice packs for cooling
Target Heart Rate Target Heart Rate
Video: Monohybrid crosses

For a complete list of videos, visit our video library