Answer:
c. buying rupees from National Bank at the ask rate and selling them to American Bank at the bid rate.
Explanation:
- Locational arbitrage is a strategy in which one seeks profits from the difference in exchange rates for the same currency at different banks.
- In our case for locational arbitrage one will have to buy Indian rupee from National bank at the ask rate and then sell them to American bank at the bid rate to make profit.
Answer:
Among the strategies Sam could use are:
loyalty programs, advertising in different ways and change of location.
Explanation:
Loyalty programs are widely used today, through them the merchant makes sure to obtain customer loyalty to the company.
This program works by rewarding its customers for their purchases, this produces in the customer a sense of loyalty to the trade, thus ensuring a permanent buyer and maintaining the sales margins in the company. In Sam's case, he should reward his regular customers with an incentive, for example, a free drink or a coupon.
Advertising is a tool that has been used since the beginning of companies with the difference that now there are various ways of advertising, for example, Sam could use social media to promote his business and his promotions, he could also use "word of mouth" advertising with their clients to advertise themselves, you can also distribute flyers.
And lastly, Sam may consider that if the other strategies don't work, what he could do is move their business and find a place where he doesn't have competitors.
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64,576 miles.
Explanation:
When the companies advertise their new products they want to present the product in the best possible light as possible. This is due to edging out the competition as in many products small details make a huge difference. The same is the case with the tires and their endurance. The longer way a set of tires takes you the better, since they are expensive product so changing them less often is very beneficial.
In this case, the interval for the mean tire life varies by 2,026 from 62,550, both up and down. The minimum will be 60,524 miles, while the maximum a tire can pass is 64,576. The company will of course go for the maximum value to make the product look as attractive and as good as possible to the customers.
Answer:
0.0515 or 5.15%
Explanation:
Given that
Monthly saving (C) = $20
Time (n) = 17 years × 12 months = 204 months
Future value (F) = $6,528.91
Using Future value if annuity due formula:
F = C × (1+r) × [{(1+r) ^n - 1 } ÷ r ]
$6,528.91 = $20 × (1+r) ×[{(1+r) ^204 - 1 } ÷ r ]
After solving this, the r value is
= 0.004288
Now
The annual rate of return is
= 0.004288 × 12 months
= 0.0515 or 5.15%
We simply applied the above formula to get the rate of return
Answer:
The errors are:
1. When the author is quoted in a sentence, his name is not in brackets, only the year of his book. For example, the write-up should have read like this: "Shindell (2008) argues that hackers increasingly integrate ..." This is a more appropriate way of citing an author. However, the writer could do well to show the exact words of Shindell with quotation marks to differentiate from his or her words.
2. Two sentences were put in quotation marks without any indication of the author(s) to which the words were attributed. Since they look like direct quotes from Shindell, the write-up should read like this: Shindell (2008) said, "during an attack, victims ..." And the second quoted sentence should read like this: "... were hit with ransomware in the previous 12 months," according to Shindell (2008).
Explanation:
Referencing somebody else's intellectual property helps to avoid plagiarism, which is considered as a very serious crime.
