How many usd will you be able to recover

Assignment Help Finance Basics
Reference no: EM13262716

You are returning back to the USA after a trip to Argentina. Upon arrival you notice you have an extra 2000 Argentine pesos (ARS) in your wallet. You ask for a quote on the peso at the bank in the airport, and they give you a bid-ask quote of 0.22-0.26 USD/ARS. How many USD will you be able to recover if you trade with this bank?

Reference no: EM13262716

Questions Cloud

What is the resulting thb exchange rate : You get a quote of 0.17 USD/ARS, and 36.8 THB/USD. What is the resulting ARS/THB exchange rate?
Calculate the tension in the left string right : A meterstick (L = 1 m) has a mass of m = 0.133 kg. Initially it hangs from two short strings: one at the 25 cm mark and one at the 75 cm mark. What is the tension in the left string right after the right string is cut
What is the doping concentration in quasi neutral n and p : An ideal non-degenerate silicon step junction diode with an intrinsic level Ei exactly at mid band-gap is fabricated. Answer all questions related to this diode. a) If Vbi = 0.65V and NA=4ND, what is the doping concentration in the quasi neutral n ..
What was the net rate of return on this investment : What was the net rate of return on this investment, assuming you are in the US and measure your return in terms of USD?
How many usd will you be able to recover : You ask for a quote on the peso at the bank in the airport, and they give you a bid-ask quote of 0.22-0.26 USD/ARS. How many USD will you be able to recover if you trade with this bank?
Define what is the entropy change for the expansion : If a 1-mole sample of a real gas from a compressed gas cylinder goes from 230 atm to 1 atm and from a volume of 1cm3 to 195cm3, what is the entropy change for the expansion if it is assumed to be isothermal.
What is probability that this particular bid will successful : You work for a consulting firm, and have submitted a bid for a large consulting contract. The firm's management thinks it has a 50-50 chance of landing the project.
What is simplified form of the minority carrier diffusion : An ideal n+/p diode has only the quasi neutral p region of length L illuminated with light such that GL electrons/cm3-s are generated uniformly throughout the region. There is no photo-generation occurring elsewhere in the diode. Derive the curren..
Find the magnitude of the force he exerts on the chin-up bar : In a European country a bathroom scale displays its reading in kilograms. When a man stands on this scale, it reads 86.1 kg. find the magnitude of the force he exerts on the chin-up bar

Reviews

Write a Review

Finance Basics Questions & Answers

  Compute the withdrawal amount

Lyle O'Keefe invests $37,400 at 8% yearly interest, leaving the money invested without withdrawing any of interest for eight years. At the end of eight years, Lyle withdrew the accumulated amount of money.

  Money markets and capital markets

Compare and contrast the characteristics of securities of money market with those of capital market.

  Perform a financial analysis on organization

Locate the financial section of the organization's most recent year report. Perform a financial analysis on your selected organization to include liquidity, efficiency, and asset management, debt management, profitability ratios, and market returns.

  Types of risks faced by investors in bonds

Briefly describe the types of risks faced by investors in domestic bonds? Also indicate the additonal risks associated with nondomestic bonds.

  Determine the expected return on the market

A stock has an expected return of 13%, its beta is .55, and the risk-free rate is 7.15%. Determine the expected return on the market?

  What would you tell the president

The company president has approached you about Mullineaux's capital structure. He wants to know why the company doesn't use more preferred stock financing because it costs less than debt. What would you tell the president?

  Determine generally accepted accounting principles

Determine generally accepted accounting principles and who currently develops and issues GAAP explain the purpose of generally accepted accounting principles.

  Finding present value of machine

Foley company financed the purchase of a machine by making payments of $18,000 at the end of each of five years. The appropriate rate of interest was 8%. What was the cost of the machine to Foley?

  Internal and external pay equity

Explain the importance of managing pay equity (both internal and external) and the consequences for not doing so.

  Forecasting techniques affect the cios perspective

There are many ways of forecasting the schedule and cost of a project. You know that forecasting techniques you apply and their accuracy will affect the CIO's perspective on your work.

  Why are investors risk-averse

What is the beta coefficient for a firm? What does it tell us about the firm? Why do similar firms have different beta coefficients?

  Shareholder benefit from stock split

Determine which of the following is most probable way in which a shareholder will benefit from a stock split?

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