User Account

All Pages

What was total return on investment measured in dollars

Assignment Help Financial Accounting
Reference no: EM132736742

Problem 1: Suppose that you are an American investor. Sometime back, you bought a Gilt (a British government bond) at par for 200,000 GBP (which includes accrued interest). At the time, the spot GBP:USD was $1.4152. Yesterday, you sold the Gilt for 197,250 GBP (which includes accrued interest). Over the period that you held the bond, you collected coupon interest of 21,275 GBP. At the time you sold the bond, you converted the sale proceeds and the coupons collected back to dollars at a spot exchange rate of GBP:USD = $1.4582. What was your total return (in percent form) on this investment measured in dollars?

Reference no: EM132736742

Questions Cloud

Journalize the revenue transaction : As a condition for making this loan, the bank requires that the business maintain a current ratio of at least 1.50. Business has been good but not great.
What were merchandise purchases in november : X Company, a merchandiser, Assuming that all merchandise purchases were on account, what were merchandise purchases in November?
How much is the total inventoriable depreciation : In connection with your examination of the Celadon Mining Corporation for the year ended December 31, 2020, you noted that the company purchased.
Identify and evaluate the more appropriate solutions : Identify and evaluate the more appropriate solutions (at least 2-3 for each major problem identified).
What was total return on investment measured in dollars : Dollars at a spot exchange rate of GBP:USD = $1.4582. What was your total return (in percent form) on this investment measured in dollars?
What is the primary product category : Describe the business model, is this different from the brick and mortar - what is the primary product category
What are expected profits in the given year : If total revenue in 2020 is expected to be $1,797,093, what are expected profits in 2020 [round the CM or CM rate to two decimal places]?
Should the impact on current holders be considered : How do you think a business should decide which capitalization option is best? Should the impact on current holders be considered?
What is the balance of the unearned revenue account : On June 1, 2018, Matubay Insurance Company collected $490,000 for a 2-year insurance policy beginning on the same date. The company has a December 31 year end.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Which an intangible asset with an indefinite useful life is

Which an intangible asset with an indefinite useful life is? Is amortized using the reducing balance method over a period not exceeding 5 years.

  Dollar sales using the formula method and the cm ratio

Mauro Products distributes a single product, a woven basket whose selling price is $20 and whose variable expense is $16.4 per unit.  Solve for the company’s break-even point in unit sales using the equation method. Solve for the company’s break-even..

  To classify costs associated with manufacturing firms

to classify costs associated with manufacturing firms merchandising firms or service firms as 1product or period costs

  Make a record the eliminations of the goodwill

Make a Record the eliminations of the goodwill and its impairment, if any, that are necessary 10 years after the control date, assuming no further impairment.

  Advise the owners of johnsons

Write a report to the owners detailing ALL the different options and considerations that you feel the owners should consider raising the $60 million.

  Calculate earnings per share information as should appear

How do solve earnings per share information as it should appear in the financial statements of Blue Spruce Corporation for the year ended December 31, 2020.

  Total stockholders equity and total assets

Total stockholders' equity and total assets using the two different sets of accounting principles over the two year period.

  What are the expected cash collections for july

What are the budgeted sales for July?According to the production budget, how many units should be produced in July?

  What are the key growth issues for an entrepreneur

Why is growth important for new businesses and what are the key growth issues for an entrepreneur? The textbook “PEM” itemizes five stages of the Entrepreneurial Process. Please note that the sequence matters and that the specific activities associat..

  Compute what is the most would be willing to pay

Compute What is the most you would be willing to pay for an investment that will pay you $191 in one year, $693 in two years and $776 in three years

  How does calculation of present value of the lease payments

Metlock expects the residual value to be only $500 (the guaranteed amount is still $1,170). How does the calculation of the present value of the lease payments

  Identify the individual and the position within the company

Interpret the individual's leadership style based on the Five-Factor personality model, and offer one or more examples of the management

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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