One hedging method is to use one currency considered strong and a second currency considered weak, matching exposures.
Answer the following statement true (T) or false (F)
True
This is discussed in the text.
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A well-delivered speech accomplishes all of the following EXCEPT
a. convincing your audience that you care about both your topic and them. b. helping your audience interpret your message appropriately. c. closing eventual gaps that may exist between you and your audience. d. making the audience do whatever you say.
It is possible to limit the liability faced by some of the partners in a business by establishing a(n) _____.
A. limited liability partnership (LLP) B. general partnership C. sole proprietorship D. concentrated partnership E. limited accumulation partnership
Retailers who earn high profits generally use higher markups than retailers who have low profits.
Answer the following statement true (T) or false (F)
Fulton Township is studying a 700-acre site for a new landfill. The new site will save $70,000 in annual operating costs for 10 years, as Fulton currently uses the landfill of a neighboring municipality. Other data are: Purchase price per acre: $550Site preparation costs: $110,000Hurdle rate: 6%Ignore income taxes.YearFV of $1 at 6%FV of an ordinary annuity at 6% PV of $1 at 6%PV of an ordinary annuity at 6% 11.0601.0000.9430.94321.1242.0600.8901.83331.1913.1840.8402.67341.2634.3750.7923.46551.3385.6370.7474.21261.4196.9750.7054.91771.5048.3940.6655.58281.5949.8980.6276.21091.69011.4910.5926.802101.79113.1810.5587.360
Required:A. Use the
net-present-value method and determine whether the landfill should be acquired.B. Determine the landfill's approximate internal rate of return, using the tables above. What will be an ideal response?