Cost of the product

Assignment Help Finance Basics
Reference no: EM133074396

1. Suppose U.S. importer purchases an Italian product today but will not pay for it for 90 days. The cost of the product today is 55,000 euros. The spot exchange rate today is .8233 euros per dollar. How much is the cost today in dollars?

2. Suppose the U.S. importer purchases an Italian product today but will not pay for it for 90 days. The cost of the product today is 55,000 euros. The spot exchange rate today is .8233 euros per dollar. The importer creates a forward-market hedge. The 90-day forward rate is .8100 euros per dollar. The amount the U.S. importer will pay in 90 days is.....?

3. A plc receives $300,000 from a customer in the US. The exchange rate is $/£ 1.8250 - 1.8310. How many £'s will A plc receive?

Reference no: EM133074396

Questions Cloud

What amount should vaughn report as interest expense : Interest is payable semiannually on January 1 and July 1. What amount should Vaughn report as interest expense for the six months ended June 30, 2021
What is harold margin of safety in dollars : Harold McWilliams owns and manages a general merchandise store in a rural area of Virginia. What is Harold's margin of safety (MOS) in dollars
Management of credit analysis report : State the section of 'Management " of credit analysis report by using the report of Sydney Airport.
Discuss the tax treatment of the proceeds of policy : David Knox (he/him/his) and his business partner, Skylar (them/they), run a company called Numbers Pty Ltd together. Skylar is the creative brain behind Numbers
Cost of the product : The cost of the product today is 55,000 euros. The spot exchange rate today is .8233 euros per dollar. How much is the cost today in dollars?
Determine the current liability to be reported on december : Of the Unearned Subscription Revenue balance, 25% were earned during 2020. Determine the current liability to be reported on December 31, 2020
What is the reward-to-variability ratio : Asset A has an expected return of 11% and a standard deviation of 7%. The risk-free rate is 4%. What is the reward-to-variability ratio?
Prepare march bank reconciliation in good form : A $347 check to a supplier in payment of account was erroneously ?recorded on Batters' books as $437 ? Prepare March bank reconciliation in good form
Rate of return on the retirement account : You plan on retiring in 15 years. You need $4,000 per month to live after you retire. You have average life expentency of 15 years after your retirement.

Reviews

Write a Review

Finance Basics Questions & Answers

  Make payments on the loan

Which of the following ratios would be most useful to ABC Bank in monitoring XYZ's ability to make payments on the loan?

  What property tax rate would the city need to use

The city uses an assessment ratio of 25% and has a 95% collection rate. The city allows homestead exemptions. Citywide, those exemptions total $3.5 million.

  Calculation of expected dividend yield and capital gaina

calculation of expected dividend yield and capital gain.a financial analyst has been following fast start inc. a new

  At what price should schulers stock sell

If the dividend expected during the coming year, D1, is $2.00, and if g is a constant 2.75%, then at what price should Schuler's stock sell? Round your answer to the nearest cent.

  What is the price of the bond

Consider an eight-year, 13 percent annual coupon bond with a face value of $1,000. The bond is trading at a rate of 10 percent.

  What is the near term impact of this transaction

If a company sells additional common stock and uses the proceeds to increase its inventory level and to increase its cash balances, what is the near-term (immediate) impact (increase, decrease, no change) of this transaction on the following ratios?

  Examine damaged planes returning from bombing

The United States employed a statistician to examine damaged planes returning from bombing missions over Germany in World War II. He found that the number of returned planes that had damage to the fuselage was far greater than those that had damag..

  What different aspects of financial markets do the security

What different aspects of financial markets do the Securities Act of 1933 and the Securities Exchange Act of 1934 regulate?

  Identifying agency problems costs and resolutions

Explain why each of the following situations is an agency problem and what costs to the firm might result from it. Suggest how the problem might be handled short of firing the individual(s) involved.

  What is the maximum price he should be willing to pay

If Anthony requires a return of 12.0 percent on such stocks, what is the maximum price he should be willing to pay for a share of the bank's stock?

  What is the company market value debt-equity ratio

What is the company's market value debt-equity ratio? , I need detail explanation for this question.

  What rate of return would have earned for the past year

Last year Janet purchased a $1,000 face value corporate bond with an 9% annual coupon rate and a 20-year maturity.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd