Foreign currency module Convert currency module Main module Currency Conversion Design Main Module Declare CurrencyType as string Declare CurrencyTotal as integer Declare USTotal as integer Declare Canadian dollars‚ Mexican pesos‚ English pounds‚ Japanese yen‚ French francs as real Declare Response as string Declare Answer1 as string Declare Answer2 as string Declare Answer3 as string Declare Answer4 as string Declare Answer5 as string Declare Answer6 as string Get user input Determine
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Treasury Risk Management Final Exam Question Set A. Treasury functions‚ goals and performance metrics 1. Describe the basic functions of Treasury in a nonfinancial corporation and compare them with those in a financial services corporation/institution. 2. Describe a typical financial management organization structure that incorporates the roles of Treasury and financial control. 3. Describe how Treasury is organized in a corporation and its management reporting framework within the organization
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CHAPTER-1 Q.12) How does a fall in the value of the pound sterling affect British consumers? ANS- A fall in the value of pound sterling affects the cost of foreign goods. Q.13) How does an increase in the value of the pound sterling affect Canadian businesses? ANS-An increase in the value of pound sterling results in Canadian dollar buying more units of foreign currency‚ which in turn results in appreciation. Q.14) Looking at Figure 1-8 (page 11)‚ in what years would you have chosen
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first-year sales for new products. During the test market Sun Chips was able to receive 19.9% of the households in the Minnesota/St. Paul to try the product. Of that percentage‚ 41.8% had accounted for repeater purchases. Sun Chips was able to sell 535‚833 pounds in the 10 month test market and received $1.4 million in revenues. At the end of ten month test market Sun Chips had reached a brand awareness level of 33%. Table 1 represents the Sun Chips brand awareness to O’Grady’s brand potato chips at the end
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1. 1. Entering into a forward contract in which Dozier would sell forward British Pounds. La suscripción de un contrato a plazo en el que Dozier vendería libras británicas hacia adelante. 2. 2. Execute a spot market transaction to create a synthetic forward hedge. Ejecutar una transacción en el mercado spot para crear una cobertura forward sintético. 3. 3. Do not hedge against any fluctuations between the Pound and the Dollar. No protegerse contra las fluctuaciones entre la libra y el dólar.
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The bicycle was commandeered for urgent military action. Jonathan bought the bike for two pounds. The money he used was going to be used to buy firewood which his wife Maria used for extra stock fish and corn meal. He used the bike as a taxi and made a small pile of biafran money. He ferried camp officials and families across the four-mile road. In the end he made a small fortune of one hundred and fifteen pounds. Although the bike helped Jonathan in the end‚ he still took valuable money from his wife
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cost of the project in British pounds is SoCo = £0.6667($7‚000‚000) = £4‚666‚900. The U.K. inflation rate is estimated at 4.5% per annum‚ or the mid-point of the 4%-5% range. The U.S. inflation rate is forecast at 3% per annum. Under the simplifying assumption that PPP holds [pic] = .6667(1.045)t/(1.03)t. The before-tax nominal contribution margin per unit at t=1 is $4.40(1.03)t-1. It is assumed that Dorchester will be able to sell one-fifth of the 290‚000 pounds of candy it presently sells to
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to facilitate the exchange of currencies. Be specific. ANSWER: The Sports Exports Company would have an account with a commercial bank. As it receives payment in pounds each month‚ it would deposit the check at a bank that provides foreign exchange services. Each month‚ the bank would cash the check‚ and then convert the British pounds received into dollars for the Sports Exports Company at the prevailing spot rate. 2. Explain how the Sports Exports Company is exposed to exchange rate risk
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2-2-a: How would a relatively high home inflation rate affect the home country’s current account‚ other things being equal? A. A high home inflation rate could cause a current account a deficit since it results to decrease exports and increase imports. 2-12-a: U.S.-based MNCs commonly invest in foreign securities. Assume that the dollar is presently weak and is expected to strengthen over time. How will these expectations affect the tendency of U.S. investors to invest in foreign securities
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are as follows: Honey Choices |Advantages |Disadvantages | |Continue with Chinese-Canadian honey |Cost - $1.08 per pound Taste Relatively large product availability (world’s largest producer) |Probable product recall Liable for poor quality product Customer dissatisfaction Possible loss of customer Possible fines | |Purchase Canadian-Argentine blend |Cost - $1.42 per pound Canadian supplier base already existed |Taste Possible product recall due to potential use of veterinary drugs Limited
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