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MissTica
2 years ago
7

The current exchange rate is 0.93 euros per dollar, but you believe the dollar will decline to 0.85 euros per dollar. If a euro-

denominated bond is yielding 2%, what return do you expect in U.S. dollars?
Business
1 answer:
Oduvanchick [21]2 years ago
5 0

Answer:

The return you expect in U.S. dollars is 1.116%

Explanation:

0.85 = 0.93 ( 1+0.02/1+X)

0.85/0.93 = 1.02/X

0.913978 = 1.02/X

X = 1.02/0.913978

   = 1.116%

Therefore, The return you expect in U.S. dollars is 1.116%

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A professor at a university finds a way to reduce the costs of producing automobile glass. The method is very easy for anyone to
Dafna1 [17]

Answer:

b) the method to reduce costs of producing automobile glass, but not the formula for the substance that prevents smudging.

Explanation:

As provided, the professor develops a way which shall reduce the cost of producing the automobile glass, which apparently is very easy for anyone to copy and use.

Whereas, when a company develops the formula which creates a substance that prevents the automobile glass from getting smudged is again a technological knowledge although not that common.

Since the first one is apparently easy and other is patented which means both are common else not so common idea will not need patent as people would not be able to create such formula.

8 0
1 year ago
The following transactions were completed by the company. The company completed consulting work for a client and immediately col
Burka [1]

Answer:

See explanation Section

Explanation:

See the image to get the appropriate answer.

7 0
2 years ago
Atlas Home Supply has paid a constant annual dividend of $2.40 a share for the past 15 years. Yesterday, the firm announced the
Iteru [2.4K]

Answer:

The current value per share is $25.51

Explanation:

P3 = ($2.40x1.10x1.02)/(0.012 - 0.02)

     = 26.928

P0 = (($2.40x1.10)/1.12) + (($2.40x1.1)/(1.122 ) + ((($2.40x1.1) + $26.928)/1.123 )

    = $25.51

Therefore, The current value per share is $25.51

5 0
2 years ago
The government of Happyland collects $100 million in taxes each year and currently has a public debt of $1.2 billion, which it f
DanielleElmas [232]

Answer:

No, the debt is not manageable because interest payments equal $96 million per year.

Explanation:

Annual interest payment for debt = 0.08*1.2B = $96 million

Only the interest payment is about 96% of government revenue, so its not manageable.

5 0
1 year ago
Sally's Chocolate Company makes gourmet cupcakes which are sold by the dozen. Compute the standard cost for one dozen cupcakes,
Andrej [43]

Answer:

The correct answer is $15.69.

Explanation:

According to the scenario, computation of the given data as follow:-

We can calculate the cupcake sold by the dozen by using following formula:-

Cost for a dozen cupcake = Direct material  + Direct labor + Factory OH

Where,

Direct material = 4.25 × $0.56 = $2.38

Direct labor = 1.10 × $8.30 = $9.13

Factory overhead = 1.10 × $3.80 = $4.18

By putting the value in the formula, we get

= $2.38 + $9.13 + $4.18

= $15.69

6 0
1 year ago
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