MGT 370 Test 3 Question 1. 1. The risk resulting from possible fluctuations in currency exchange rates is called: (Points : 1) hedging. transaction exposure. the direct quote. floating. None of the above Question 2. 2. In an options market hedge there is the option to sell or purchase certain currencies at a certain exchange rate either on or before a certain date. The agreed-upon exchange rate is called the: (Points : 1) international
Premium Foreign exchange market Inflation Exchange rate
only around twice the size of Kerala. To its north lies Persian Gulf (The Ocean). It shares it’s boundary with Saudi Arabia to the west and south‚ Oman to the East and Qatar to the northwest. [pic] Fig 1.1 Map of UAE 1.2 THE NEED FOR THE ISLANDS Dubai’s booming economy was built on revenues from the oil industry after oil was discovered there in mid 1960s. However scientist predicted the oil reserve will die out around 2016. Therefore the prince of Dubai (Sheikh Muhammed Bin Rashid Al Maktoum)
Premium Palm Islands Dubai
1. (TCO A) Use future or present value techniques to solve the following problems. (Note: You can use tables or a financial calculator. If you use a calculator‚ please provide the inputs you used to solve the problems.) (5 points each = total 20 points) a. Starting with $20‚000‚ how much will you have in 20 years if you can earn 5% on your money? b. If you inherited $100‚000 today and invested all of it in a security that paid an 8% rate of return‚ how much would you have in 15 years? c. If
Premium Taxation in the United States Taxation Income tax in the United States
Finance Exam #1 1. True or false? A pure arbitrage takes advantage of price discrepancies by buying low and selling high in such a way as to place no wealth at risk. 2. SKR is the ISO code for the Swedish Currency‚ the krona. A Swedish band quotes SKR 8/USD Bid and SKR 9/USD Ask. These quotes are in: A. American terms B. Direct terms from a U.S perspective C. Direct terms from a Swedish perspective D. Indirect terms from a Swedish perspective 3. U.S. bank quotes $1.27/€ ask (€ is
Premium United States dollar Currency Central bank
1.1) Belinda’s 2010-11 taxable income: Assessable Income Gross Salary $67‚500 Unfranked dividends $2‚300 Total Assessable Income $69‚800 Less Allowable deductions PAYG tax instalments deducted ($15‚500) Subscriptions ($130) Union fees ($600) Telephone expense ($280*30%) ($84) Total allowable deductions ($16‚314) Taxable Income $53‚486 Note: Stationery is considered to be expenditure of a private nature thus
Premium Investment Finance Financial markets
1. Cheers Inc. operates as a partnership. Now the partners have decided to convert the business into a corporation. Which of the following statements is CORRECT? (Points: 5) a. Cheers™ shareholders (the ex-partners) will now be exposed to less liability. b. Cheers will now be subject to fewer regulations. c. Assuming Cheers is profitable‚ of its income will be subject to federal income taxes. d. Cheers™ investors will be exposed to less liability‚ but they will find it more difficult to transfer
Premium Corporation Stock Corporate tax
HW FIN 3331 Chapter 9 9.1. Warr Corporation just paid a dividend of $1.50 a share (that is‚ D0 = $1.50). The dividend is expected to grow 7% a year for 3 years and then at 5% a year thereafter. What is the expected dividend per share for each of the next 5 years? D0 = $1.50; g1-3 = 7%; gn = 5%; D1 through D5 = ? D1 = D0(1 + g1) = $1.50(1.07) = $1.6050. D2 = D0(1 + g1)(1 + g2) = $1.50(1.07)2 = $1.7174. D3 = D0(1 + g1)(1 + g2)(1 + g3) = $1.50(1.07)3 = $1.8376. D4 = D0(1 + g1)(1 + g2)(1 + g3)(1 +
Premium Financial ratios Financial ratio
who visited the Historical Spot in Corregidor Island. This chapter includes the opinions‚ reactions and reviews of tourists inside and outside the Phillipines who visited Corregidor island‚ The literature about the death march in bataan‚ malinta tunnel‚ the Filipino and American defenders‚ and the world war 2. Also included are the number of tourists visiting the philipines. Reactions‚ opinions and reviews of foreign tourists who visited the island fortress “Definitely worth a visit” Reviewed
Premium Philippines World War II
1. Intoduction Spratly Islands is made up of over a 100 islands‚ shoals and reefs. The land area is less than 5 square kilometers right at the center of West Philippine Sea. So why do regional players such China‚ Taiwan‚ Vietnam‚ Malaysia‚ Brunei and the Philippines squabbling over it? And what is the interest of the United States of America in the issue? The simple answer is the potential for oil and natural gasoline in the area. The more complex geopolitical answer is power projection.
Premium Spratly Islands Philippines South China Sea
000 = 16.8% 7) a. 2009: 2010: HW 2 Fin 300 Cost of goods sold/Sales = 1‚500‚000/2‚500‚000
Premium Generally Accepted Accounting Principles Asset Balance sheet