determine whether a forward hedge‚ money market hedge‚ or a currency options hedge would be most appropriate. Then compare the most appropriate hedge to an unhedged strategy‚ and decide whether Carbondale should hedge its receivables position. ANSWER: Forward hedge Sell S$500‚000 × $.62 = $310‚000 Money market hedge 1. Borrow S$471‚698 (S$500‚000/1.06 = S$471‚698) 2. Convert S$471‚698 to $283‚019 (at $.60 per S$) 3. Invest the $283‚019 at 8% to earn $305‚660 by the end of the
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Therefore‚ when a war breaks out in Country A. which is the main producer for fuel in the world it causes fuel supply disruptions in the world. Question 1 What will happen to the price and quantity equilibrium for fuel following this event? Explain. Answer: Since County A is the main producer of oil in the worlds market; due to the war in country A it will face difficulties in the production of oil. This will result a decrease of oil supply in the worlds market as a result the price of oil will be
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North Africa and Latin America’s configuration of the relationship between agricultural and industrial sectors. Low-income countries should raise questions evaluating the possibility of attaining economic development without for example burdening state budgets with investments in agriculture in several case studies of low-income countries (sections II below). Another set of questions is how investment in agriculture might still help achieve necessary socio-economic transformation and development
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The Answer to Academic Success For many years students have been using numerous studying techniques to help them succeed in their academic careers. Almost every student in the world studies or at least tries to‚ but the truth is many of them do not understand the key concepts of doing it effectively. When it comes down to studying there are three important areas that everyone should practice to get better at and they are time control‚ classroom note taking‚ and textbook studying. In the process
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Terence Michale WR150SA3—Paper 2 6/27/2013 A State of Mind: A Leap into the “Secret State” This paper addresses the question: is A State of Mind (2004) enough for us to understand North Korea? Drawing upon the historical context of North Korea’s isolation and lack of understanding about its people among the rest of the world‚ I am making a case for North Korea being a secret state‚ probing for new perspective of this country—its people. Then‚ I examine some of this film’s successes in doing
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adjoining Mary Wanna’s room and conduct surveillance of her conversations by pressing their ears against the common wall. The walls are thin and they are able to hear everything Mary says. Does this violate the Fourth Amendment? Explain. 10pts In United States v. Jackson‚ the Supreme Court ruled there was nothing unusual about officers pressing their ears against the wall of the adjoining room because the officers were using nothing more than their normal powers of hearing‚ in a motel room that they rented
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Discussion Problem 1: An Australian construction company‚ A Co‚ wishes to tender for a major building project in a developing country (D Co) that is run by a military dictatorship favorably disposed towards international business. The tender is organized by the Ministry of Planning. A Co needs to undertake an expensive feasibility study to be in a position to tender. It enters into negotiations with Ministry officials both in Australia and in D Co to gain assistance in conducting the study
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Answer Key for Test Your Skills 1. Tutti’s Sandwich Shop has the following information regarding costs at various levels of monthly sales. Help Tutti separate her costs into fixed costs and variable costs so that she can predict and evaluate costs at varying levels of guests served. January February March Monthly Sales in Guests Served 10‚000 16‚000 20‚000 Cost of Sales (Food Cost ) 10‚500 16‚800 21‚000 Salaries‚ Wages‚ and Benefits 15‚000 15‚600 16‚000 Telephone 12‚750 16‚350 18‚750 Rent on
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There were many primary causes for The Great Depression‚ Unequal distribution of money to the economy‚ and the stock market speculation‚ and much more which all played a major factor for The Great Depression. The Great Depression impacted everyone‚ it impacted different people of all kinds of backgrounds. It was a low time for Americans in the 1920’s‚ and for other countries also. One of the causes were Uneven Prosperity‚ 0.1% of families made 100‚000$ a year‚ and 80% had zero savings. 200
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CASE 8.1 LIVENT‚ INC. Synopsis Similar to most financial frauds‚ the Livent‚ Inc. fraud was masterminded by a few individuals‚ primarily Garth Drabinsky and Myron Gottlieb. However‚ numerous individuals were eventually drawn into Livent’s fraudulent schemes by its principal architects‚ including Maria Messina‚ the company’s chief financial officer (CFO). Messina‚ a former partner with Deloitte & Touche’s Canadian affiliate‚ had previously served as Livent’s audit engagement partner
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