Find canadas current account balance

Assignment Help Financial Management
Reference no: EM132032472

Transactions between Canada and the rest of the world are shown below.

Canadian citizens receive C$5 million worth of dividends from foreign investments.

Imperial Oil (Canadian firm) invests C$60 million in overseas oil discovery.

Foreign tourists spend C$45 million in Canada.

Canadian government sells C$20 million worth of treasury securities to foreign nations.

Alcan (Canadian firm) sells C$8 million worth of aluminum to US companies.

Canadian government buys C$32 million worth of gold.

Canadian firm buys C$12 million worth of computer components from Sony.

Canada sends C$4 million in aid to Mexico.

Ford spends C$30 million in constructing an assembly plant in Canada.

Find the capital account balance (in millions of C$)

Find Canada's current account balance.

Reference no: EM132032472

Questions Cloud

What should he pay today for the annual membership : If the appropriate interest rate is 10%, how much should he pay today for the annual membership?
How much more could he have earned over a year : How much more could he have earned over a 7-year period if the interest had compounded annually?
What was the companys depreciation and amortization expense : The company has $6,600 interest expense, and the corporation tax rate is 35 percent. What was the company's depreciation and amortization expense?
What is the dollar spread for this bill : A Treasury bill has a bid yield of 3.62% and an ask yield of 3.56%. The bill matures in 206 days. Assume a face value fo $1000.
Find canadas current account balance : Find the capital account balance (in millions of C$) Find Canada's current account balance.
Find great britians balance of trade : Find Great Britian's balance of trade. Enter your answer in terms of millions of pounds.
What will be the effective rate of interest on this loan : The treasurer for the Macon Blue Sox baseball team is seeking a $29,400 loan for one year from the 4th National Bank of Macon.
Analyze the approximate real rate of interest : Treasury bills are currently paying 9 percent and the inflation rate is 3.1 percent. What is the approximate real rate of interest?
Calculate the effective annual return : A Treasury bill with 132 days to maturity is quoted at 96.630. What is the bank discount yield, the bond equivalent yield, and the effective annual return?

Reviews

Write a Review

Financial Management Questions & Answers

  Average annual return for this asset over specific period

Assume that the returns from an asset are normally distributed. The average annual return for this asset over a specific period was 13.2 percent and the standard deviation of those returns in this period was 41.1 percent. What is the approximate prob..

  What happens to expected present value of profits

Assume, instead that each year the chances that a worker will leave the firm, given he/she has not left to date, are 20% (i.e. the firms expected turnover rate for these sales positions is 20% per year). Which employee should it hire now? Use your sp..

  Present value index blending equipment computer system

Present Value Index Blending Equipment Computer System Which project should be selected?

  About the bonds make semi annual payments

Heginbotham Corp. issued 20-year bonds two years ago at a coupon rate of 8.3 percent. The bonds make semi annual payments. If these bonds currently sell for 104 percent of par value, what is the YTM?

  What is the current yield and yield to maturity

BMW issued 20 year $1,000 bonds in 2014 with an annual coupon rate of 7.45%. In 2016 after the coupon for 2016 is paid, that bond can be purchased for $1,285. If you bought this bond, what is the current yield and yield to maturity?

  The risk in stock - statement of the authors hypothesis

The Overview/Summary section should include a statement of the author's hypothesis or proposition. This section should be the briefest - the Opinion/Analysis section should demonstrate your critical thinking and analysis of the subject matter.

  Common stock is expected to pay a dividend

Crisp cookwares common stock is expected to pay a dividend of $3 a share at the end of the year (D1 = $3.00) its beta is 0.8, the risk free rate is 5.2% and the market risk premium is 6%. The dividend is expected to grow at some constant rate g, and ..

  Estimate the net present value and internal rate of return

Estimate the net present value and the internal rate of return for this investment.

  How purchasing an asset or bonds could potentially impact

Provide an example of how purchasing an asset or issuing stocks or bonds could potentially impact earnings targets.

  What is the true apr of this payday loan

What is the true APR of this payday loan?

  Term structure of interest rates and the yield curve

Calculating Annuities You are planning to save for retirement over the next 30 years. To do this, you will invest $750 per month in a stock account and $250 per month in a bond account. Treasury Bonds Is it true that a U.S. Treasury security is risk-..

  Certain stock pays no dividends and is priced by the market

A certain stock pays no dividends and is priced by the market at $19.

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