Annualized rate of return on transaction

Assignment Help Business Management
Reference no: EM13992651

The treasurer of a U.S company has $1,000,000 to invest for 30 days. A 30-day euro deposit yields 2.00 percent. The present exchange rate of€ is $1.1550. If the treasurer deposits the amount in a euro account after buying euro in the spot market and sells the proceeds three month later at $1.1530, what is the annualized rate of return on this transaction?

Reference no: EM13992651

Questions Cloud

Make changes to the appearance of text : Make changes to the appearance of text or objectsMake changes to the appearance of text or objects
Hedged outcome of this accounts receivable : If the premium on the option is $0.005 per C$, what is the hedged outcome of this accounts receivable?
The scenario description and requirements : Prepare a short research paper of approximately 900-1000 words, double-spaced, exclusive of cover, title page, table of contents, [actually cover/title page and TOC are not required] endnotes and bibliography. Your paper must use APA formatting with ..
What angle will the package hit its target : A rescue plane flies at an altitude of 400m above the ground. The plane is traveling with a constant vertical speed of 300km/h. A package is released 300m before the target. What vertical velocity should the package be given so that it arrives prec..
Annualized rate of return on transaction : The present exchange rate of€ is $1.1550. If the treasurer deposits the amount in a euro account after buying euro in the spot market and sells the proceeds three month later at $1.1530, what is the annualized rate of return on this transaction?
Problem regarding the sustainable growth rate : a. What is its sustainable growth rate? b. What must its profit margin be in order to achieve its sustainable growth rate?
State two ways in which the sports centre staff : State two ways in which the sports centre staff could breach the Data Protection Act.
Define a computer virus : Anti-virus software is used to keep your computer free from viruses. Define a computer virus.
Is the magnetic field strength increasing or decreasing : The resistance of the loop in the figure below, is 0.10Ω and around which 145 mA of current flows counterclockwise. Is the magnetic field strength increasing or decreasing? What is the rate of change?

Reviews

Write a Review

 

Business Management Questions & Answers

  Identify an ethical framework

Identify an ethical framework other than Free Market Ethics that applies to this situation and discuss how it may have influenced the executives of the company.

  Importance to the economic development of a nation

Economic progress within a country seems to depend on how well property rights are protected. Explain the relationship between property rights, corruption, and economic progress and their importance to the economic development of a nation.

  Organizations do to achieve a collaborative relationship

How can organizations and consultants do to achieve a collaborative relationship? What, specifically?

  Important information about critical thinking and decision

important information about critical thinking and decision making1. what is an example of how the forces of influence

  Explain how large a rebate should the industry offer

Explain how large a rebate should the industry offer the buyer in order to maximize its revenue?

  Determine the probability that the average diameter

Suppose that a sample of 16 ball bearings are randomly selected from a very large lot. Determine the probability that the average diameter of a ball bearing is greater than 0.530 cm.

  Actively seeking to evade their u.s. tax obligations

1. Birkenfeld is adamant that his prison sentence is unfair when compared to the fact that no one else (e.g., Olenicoff or UBS bankers) went to jail. Does he have a point?

  Build or recapture a project plan

Build or Recapture a Project Plan

  How have changes in technology contributed towards the glob

Select ONE of the following questions and write your responses: 1. Describe the shifts in the world economy over the last 30 years. What are the implications of these shifts for international businesses based in Britain, North America, and Hong Kong?..

  Evaluate the level also chase demand strategies

ILI would like to evaluate the level also chase demand strategies. Your report should address not only financial impacts but potential operational also managerial impacts of the different strategies.

  Illustrate impact would you expect south africa decision

Illustrate what impact would you expect South Africa's decision to levy duties on drug imports from Western nations to have on the international distribution of drugs to South Africa?

  Problem regarding food shopping trends

This Discussion should be an eye opener for most students. We will look at our food shopping trends and how we spend our money. The outcomes should reveal some interesting facts.

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!

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