If the interest rate on dollar deposits is 10 percent, and the dollar is expected to appreciate by 7 percent over the coming year, the expected return on dollar deposits in terms of the foreign currency is
A) 3 percent.
B) 10 percent.
C) 13.5 percent.
D) 17 percent.
E) 24 percent.
D
Business
You might also like to view...
Assuming there are no prior period adjustments during the fiscal year, net income would be affected by Interperiod Income Intraperiod Income Tax Allocation Tax Allocation I. Yes Yes II. No No III. Yes No IV. No Yes ?
A) I B) II C) III D) IV
Business
To avoid which concept below, organizations need to continuously focus on their existing products and processes at the same time as they are investigating new innovations.
a. Innovation sparcity b. Organizational cultural lag c. Net losses d. Idea extinction
Business
What organizational plan should you use when writing a solicited cover letter?
Business
What is the definition of the business judgment rule?
Business