What is the value of a 1947 silver dollar? Since we were under British rule our rupee was pegged to pounds. FWhat is the value of a 1947 silver dollar? Since we were under British rule our rupee was pegged to pounds. From 1927 to 1966‚ it was 13 rupees = 1 pound. This was maintained until 1966‚ when the rupee was devalued and pegged to the U.S. dollar at a rate of 7.5 rupees = 1 dollar. This value lasted until the U.S. dollar devalued in 1971. http://qna.rediff.com/questions-and-answe
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categorize Dollar Tree as a defender strategy. Defenders operate in a single market. Dollar Tree operates in the discount store industry (Retail - Discount Stores‚ 2016). Defenders look for stability and control (Parnell‚ 2014). Dollar Tree opened fully automated distribution centers in an effort to improve its operating efficiency and support expansion (Dollar Tree‚ 2016). “Dollar Tree has 10 distribution centers and receives approximately 90% of its inventory from the distribution centers” (Dollar Tree
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Global Energy Management Institute International Financial Risk Management R.J. Reynolds International Financing HBS Case 9-287-057 The case is set in the context of RJR’s 1985 financing of its $4.9 billion acquisition of Nabisco Brands Inc. To finance the acquisition‚ RJR was proposing the issue of $1.2 billion of 12 year notes and the same amount in preferred stock. It had already funded $1.5 billion of the acquisition leaving $1 billion more to finance. Challenges facing RJR: Of the
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FT Answer: a EASY 5. When the value of the U.S. dollar appreciates against another country’s currency‚ we may purchase more of the foreign currency with a dollar. a. True b. False (27.4) Trade deficit and depreciation FT Answer: b EASY 6. If the United States is running a deficit trade balance with China‚ then in a free market we would expect the value of the Chinese yuan to depreciate against the U.S. dollar. a. True b. False (27.5) Floating exchange rates
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control worldwide operations and subsidiaries. Comment: Legal and economic differences among countries do affect the worldwide operations and subsidiaries. ___T_ 3. When the value of the U.S. dollar appreciates against another country’s currency‚ we may purchase more of the foreign currency with a dollar. __T__ 4. The United States and most other major industrialized nations currently operate under a system of floating exchange rates. __F__ 5. Exchange rate quotations consist solely of direct
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Bank Yardley Bank Bid price of New Zealand dollar $.401 $.398 Ask price of New Zealand dollar $.404 $.400 Given this information‚ is locational arbitrage possible? If so‚ explain the steps involved in locational arbitrage‚ and compute the profit from this arbitrage if you had $1‚000‚000 to use. What market forces would occur to eliminate any further possibilities of locational arbitrage? ANS: Yes. One could purchase New Zealand dollars at Yardley Bank for $.40 and sell them to Beal
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Dollar Tree Almost all of us or better said all of us have at least one visited a Dollar Tree store at a point of our lives. I chose this company because of their great strategic planning and business strategy. Internal Performance: Strategy: Their strategies consist on: buying around 60% of the company’s stock from domestically and the remaining 40% are imported goods; this strategy helps maintain jobs in the United States‚ while being able to get the best prices and continue providing America
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STANDARD OF LIVING GDP PER CAPITA (DOLLARS)/ UNEMPLOYMENT RATE(%) OF MALAYSIA FROM 2002- 2011 Years GDP per capita(Dollars) Unemployment Rate(%) 2002 4940.99 3.5 2003 5126.86 3.6 2004 5372.23 3.5 2005 5553.94 3.5 2006 5756.4 3.3 2007 6007.91 3.2 2008 6185.5 3.3 2009 5984.92 3.7 2010 6302.95 3.4 2011 6512.13 3.1 Source: http://www.theglobaleconomy.com/Malaysia/ Figure SEQ Figure \* ARABIC 1:The Standard Of Living GDP Per Capita ( DOLLARS ) Of Malaysia Source:
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(Just 7 days) Definitely Dollar rate will come down. This is true. The value to dollar is given by petrol only.This is called Derivative Trading. America has stopped valuing its Dollar with Gold 70 years ago. Americans understood that Petrol is equally valuable as Gold so they made Agreement with all the Middle East countries to sell petrol in Dollars only. That is why Americans print their Dollar as legal tender for debts. This mean if you don’t like their American Dollar and go to their Governor
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the Hong Kong dollar should no longer be linked to the US dollar. The Financial Secretary already stated in his blog on 14 August that the Link continues to be the most appropriate exchange rate arrangement for Hong Kong. I will elaborate further on a few related issues. Many people who advocate un-pegging the Hong Kong dollar from the US dollar claim that the recent downgrade of the sovereign credit rating of the US would inevitably lead to a substantial depreciation of the US dollar. They argue
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