Exchange Rate December 2014 THE EXCHANGE RATE KEY DEFINITIONS AND CONCEPTS 1. How is the exchange rate defined? The exchange rate is the price of a unit of foreign currency in terms of the domestic currency. In the Philippines‚ for instance‚ the exchange rate is conventionally expressed as the value of one US dollar in peso equivalent. For example‚ US$1 = P44.00. In every exchange rate quotation‚ therefore‚ there are always two currencies involved. 2. Why is the exchange rate important? The exchange
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Course Project – Part I Task 1: Assessing loan options for Air Jet Best Parts‚ Inc. The company needs to finance $8‚000‚000 for a new factory in Mexico. The funds will be obtained through a commercial loan and by issuing corporate bonds. Here is some of the information regarding the APRs offered by two well-known commercial banks. Bank APR Number of Times Compounded National First Prime Rate + 6.75% Semiannually Regions Best 13.17 Monthly 1. Assuming that AirJet Parts‚ Inc. is considering
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buy their products using images to sell the product. The advertiser ’s aim is to make the product look as good as it can through an attractive image. There are statistics‚ which I obtained from a Dolly Magazine‚ 16th May 2000‚ which proves that one out of four people in Australia buy a product because of the image shown in the advertisement . The images are eye catching and mention something important about the product. Ultimately it is true that‚ "Advertisers sell images‚ not products." <br> <br>The
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her to 2.5 million. The strategic plan for the second company is to help improve the competitive performance throughout the organization. Ying’s strategy has three broad strategic options that help her collect receivables in a timely manner that should lead to accessible profits for the company. Ying is thinking outside the box to find a way to work with the locals who are out to sea for months on end and may have bills to pay while at sea‚ or may be short on cash because of the remote environment
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Energy 1. A man climbs on to a wall that is 5 m high and gains 2200 J of potential energy. What is the mass of the man? Given: Formula: h = 5 m m = PE/gh PE = 2200 J Solution: m = 2200 J / (9.8 m/s2 x 5 m) m = 49 kg 2. Calculate the kinetic energy of a 500 kg car travelling at 50 m/s. Given: Formula: m = 500 kg KE = mv2/2 v = 50 m/s Solution: KE = 500 kg x (50 m/s)2 / 2 KE = 625 000 J Power 3. Riley climbs a flight of stairs in 3 minutes. If he
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PUNDIT JAWAHARLAL NEHRU Jawaharlal Nehru was an Indian statesman(14 November 1889 – 27 May 1964) who was the first and longest-serving Prime Minister of India‚ from 1947 until 1964. One of the leading figures in the Indian independence movement‚ Nehru was elected by the Indian National Congress to assume office as independent India’s first Prime Minister‚ and re-elected when the Congress Party won India’s first general election in 1952. As one of the founders of the Non-Aligned Movement
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flourish. Economic Systems The economic system accomplishes two basic economic task: The task of producing goods and services‚ which requires determining what will be produced‚ how it will be produced and who will produce it. The task of distributing these goods and services among its members which requires determining who will get what and how much each will get. To accomplish these two tasks‚ economic system rely on three kinds of social devices: Tradition-based societies Command economy
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Business Challenge #6: To develop the best scratch resistant coating in the world for ophthalmic lenses [Titan] Background The ophthalmic lenses (spectacle lenses) consist of some base material (substrate) like CR 39‚ Polycarbonate‚ Trivex and a surface treatment is given to them to increase their hardness. Currently‚ there are 2 processes of applying this coating‚ i.e. Dip coating and Spin coating. The current scratch resistant (Hard) coating on plastic and polycarbonate lenses available in the
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Analysis of Convertible Bonds DECEMBER 14‚ 2008 in FINANCE MANAGEMENT With the repeal of the Capital Issues Control Act and the enactment of SEBI Act in 1992‚ the rules of the game applicable to convertible bonds have changed. As per SEBI guidelines issued in June 1992‚ the provisions applicable to fully convertible bonds and partially convertible binds are as follows: * The conversion premium and the conversion timing shall be predetermined and stated in the prospectus. * Any conversion partial
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WHAT BRINGS OUT THE BEST IN ME Every person in this world is in a constant battle with themselves to find out that one special thing that brings the best out of them or that allows them to utilize their talent to its utmost potential. I’m no different than all of the others as I myself have given a lot of thought on this matter and honestly speaking it was very difficult at first to identify that one thing that allowed me to be at my best. At first I use to think that while playing sports I was
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