The present value (PV) of the £5 million cash inflow computed by first discounting the £s and then converting into dollars is closest to ________
You are a U.S. investor who is trying to calculate the present value (PV) of £5 million cash inflow that will occur one year in the future. The spot exchange rate is S = $1.8839/£ and the forward rate is F1 = $1.8862/£. The appropriate dollar discount rate for this cash flow is 5.32% and the appropriate £ discount rate is 5.24%.
A) $8,961,420
B) $8,950,495
C) $8,954,615
D) $8,943,695
Answer: B
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IFRS permits upward asset revaluations, the recognition of unrealized increases in the fair value of long-lived assets under certain conditions
Indicate whether the statement is true or false
Which of the following is most likely NOT an example of the follow-up step of the selling process?
A. A salesperson calling a prospect for a buying decision about a product. B. A salesperson evaluating the effectiveness of a product after the sale. C. A salesperson addressing a customer complaint immediately and appropriately. D. A salesperson sending a thank-you note to a customer for a recent product purchase. E. A salesperson conducting a customer satisfaction survey 3 months after the sale.
Which of the following is NOT a category of the effect of status systems in groups?
A. Group member’s output quality B. Evaluations by others C. Relationships with other group members D. Group member’s self-esteem