If euros sell for $1.63 (U.S.) per euro, what should dollars sell for in euros per dollar? Round your answer to four decimal places.  euros per dollar

Q: In what circumstances might a large corporation sell stock rather than bonds to obtain long-term…

A: A Bond refers to a type of security where the issuer owes the holder a debt and has an obligation to…

Q: Why is the issue of limited personal liability so important for an independent restauranteu

A: In finance limited personal liability means that a person’s financial liability is not unlimited…

Q: Which one of the following is the mostly cited reason for leasing instead of buying? 100 percent…

A: Which one of the following is the mostly cited reason or leasing instead of buying? 100 percent…

Q: 2. What is the actual rate of interest if £4000 deposited for 3 years attracts interest of £1440?

A: As per Bartleby Honor Code, when multiple independent questions are asked, the expert is required…

Q: Consider a loan of 1,000,000 which is to be amortized by 60 monthly payments. The interest rate is…

A: Here,

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A: Present value is referred as the current value of future sum of funds or the cash streams that are…

Q: You invested $11,500 at the end of each quarter for 6 years in an investment fund. At the end of…

A: jjjjjjjjjjjjjkjkjkkjjjjjkkkkkk-------55555555555555555555555\\\7777777777777777777777]]]]]]77kkkkkkk…

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A: The bond duration is used to measure the actual time it takes for the bond to recover its costs…

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A: The forward rate is the rate of interest that applies to a future financial transaction. It is…

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A: Accounts payables are those supplier accounts from whom business has made credit purchases but…

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A: Bonds: Bonds are the liabilities of the company which is issued to raise the funds required to…

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A: Solution:- When an equal amount is paid each period, it is called annuity. Present value of annuity…

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A: Total earning under Hallsay premium plans is  Total earning =Time taken*Standard rate + 50% of [Time…

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A: Profitability index = 1 + Net Present Value/Initial Investment

Q: What are the correct portions assigned to principal interest of the final payment?

A: Loan (mortgage) amortization schedule refers to a schedule which is prepared to shows the periodic…

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A: We will use the concept of time value of money here. As per the concept of time value of money the…

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A: Solution:- When an equal amount is saved each period at end of period, it is called ordinary…

Q: 1a. In 1895, the winner of a competition was paid $110. In 2006, the winner's prize was $70,000.…

A: As per Bartleby honor code, when multiple independent questions are asked, the expert is required…

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A: Present Value:  The present value is the value of cash flow stream or the fixed lump sum amount at…

Q: One university needs some maintenance. The owner of the university decides to deposit $400000 in an…

A: Present Value : Present worth is that amount which shown present Value of deposit done in future.

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A: As per our guidelines, we are supposed to answer only 3 sub-parts (if there are multiple sub-parts…

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A: Dividend Growth Model: It is a valuation model where  fair value of stock is estimated . Assumption:…

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A: Given: Year Return 1 13.70% 2 10.50% 3 -11.70% 4 25.50% 5 19.20% Expected return…

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Q: ed to Checkpoint​ 9.2)  ​(Yield to​ maturity)  The Saleemi​ Corporation's ​$1,000 bonds pay 8…

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Q: A6) Finance What is a forward exchange rate? When does deliv- ery occur on a 90-day forward contract

A: Forward rate contracts are future oreinted contracts that they are received to be in the future.

Q: Compute the payback statistic for Project B if the appropriate cost of capital is 11 percent and the…

A: Here,

Q: Consider a loan of 1,000,000 which is to be amortized by 60 monthly payments. The interest rate is…

A: Given, Loan amount is 1,000,000 Number of payments is 60 Interest rate is 10%

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A: Mutually exclusive projects The term "mutually exclusive projects" is typically used in the capital…

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A: The question is related to the Present Value of Annuity due. It is calculated with the help of…

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A: Solution:- When an amount is invested somewhere, it earns interest. The amount invested at beginning…

Q: 21. A friend lends you P500 for a year with 3% interest. How much interest will your friend earn?

A: Here, Lending Amount is P500 Interest Rate is 3% Time Period is 1 year

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A: Present value (PV) also termed as current value refers to the sum of all future cash flow (CF) or…

Instruments of Foreign Exchange Market

Foreign exchange is a worldwide market in which one nation’s currency is converted into another nation’s currency. In further terms, exchanging of nations currency with foreign currencies. Foreign exchange happens at a specified rate which is termed the foreign exchange rate. The exchange rates are not constant continuously changing as they are derived by market forces of supply and demand. Widely used foreign currencies are the United States- dollar, Euro, Japanese Yen, British pound, and Australian dollar. US- dollar is the most denominated foreign currency. The Euro to US dollar is a widely used currency pair in the forex market as these two currencies represent the world’s enormous economy. Forex trade is simple as exchanging currencies at the bank. The main players of forex markets are the central banks, financial institutions, intermediaries, investments banks, and other banks. Central Bank is the supreme player who decides the currency value of their own nation on the forex market. Mostly foreign exchange-traded at FX market (forex market) when tourists’ visits a foreign country, import, and export happens between two countries.