Total amount that general motor

Assignment Help Finance Basics
Reference no: EM131936759

General Motors Inc., based in United States, exports products to a British firm and will receive payment of sterling pound 200,000 in three months. On June 1, the spot rate of the sterling was $1.12, and the 3-month forward rate was $1.10. On June 1, General Motors negotiated a forward contract with a bank to sell GBP 200,000 forward in three months. If the spot rate of the GBP on September 1 is $1.15. What is the total amount that General Motor will receive in USD?

Reference no: EM131936759

Questions Cloud

How much should be the state rebate to make the project : The current average cost for panels, including installation, is around $4.50/W. The solar cells are expected to operate at around 13% capacity.
What size piper re accurately measures : What size piper Re accurately measures 0.8ml of fluid? Including the volume and accuracy of the pipette.
Write a multitasked vectorized code in fortran-ninety : Write a multitasked vectorized code in Fortran 90 for matrix multiplication using four processors with a shared memory. Assume square matrices of order n = 4k.
Firm conduct customer segment research : Should the firm conduct customer segment research or go to the market immediately?
Total amount that general motor : What is the total amount that General Motor will receive in USD?
What return does sherry need to earn : If Jack were to save $6,000 each year, what return does sherry need to earn in order to reach his goal of $2 million.
How much will greg have at the end of the four years : Greg deposits $10,000 in a bank account that pays 3% interest annually. How much will Greg have at the end of the four years?
What are the portfolio weights of stock : what are the portfolio weights of each stock?
Write a program that searches for a solution : Write a program that searches for a solution. First run the program on a sequential computer (such as on a workstation or even a personal computer).

Reviews

Write a Review

Finance Basics Questions & Answers

  Find the probability of randomly selecting one of these code

If each coded item in a catalog begins with 3 distinct letters followed by 4 distinct nonzero digits, find the probability of randomly selecting one of these coded items with the first letter a vowel and the last digit even.

  Reformulate the given balance sheet and income statement

Reformulation of a Balance Sheet and Income Statement {Easy) Reformulate the following balance sheet and income statement for a manufactuting concern.

  The term deferred revenues

Describe the use of the term deferred revenues  in governmental fund accounting.

  Considerations in determining the proper mix of retention

What are the main considerations in determining the proper mix of retention and transfer in handling potential loss exposures?

  Outline the relative benefits to users of financial reports

Outline the relative benefits to users of financial reports relating to information about the past, information about the present and information about the future.

  Capital structure decision process

In your own words, what do you think are the most crucial qualitative and quantitative factors that enter into the capital structure decision process?

  Questions relating to discounted cash flow

Answer the following questions relating to Discounted Cash Flow (DCF) projections and valuations.

  A year later interest rates have dropped and the bonds

suppose you buy a bond for 1020 with a 15-year maturity paying an annual coupon of 80. a year later interest rates

  Determine the optimal order quantity

Barneycle's Boat Shop sells 3000 of its glow in the dark boats each year and has fixed order costs of 120 each order. Carrying cost per boat is $150 per year. Determine the optimal order quantity for these boats?

  Determine the amount of dividends per share for common

Determine the amount of dividends per share for common and prefrred stock for all 3 years. The preferred shares are cumulative preferred.

  Appropriate theoretical probability model

Justifying your choice adequately but succinctly, postulate an appropriate theoretical probability model for this random variable. Using the result obtained in

  What is the variable cost per unit

A project has earnings before interest and taxes of $5,750, fixed costs of $50,000, a selling price of $13 a unit, and a sales quantity of 11,500 units. Depreciation is $7,500.

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