Exchange for us dollars

Assignment Help Finance Basics
Reference no: EM131044575

Mary went on vacation from the UK to the US, so she had to purchase some dollars ($). How many pounds sterling (L) did she exchange for US dollars if she now has $135? The exchange rate is L 1 = $1.5542? Give your answer to the nearest pound sterling?

Reference no: EM131044575

Questions Cloud

Question regarding the kahlil realized return : Kahlil bought 100 shares of Cisco for $24.00 per share on January 1st, 2008. He received a dividend of $5.00 per share at the end of 2008 and sold his stock for $18.00 per share. What was Kahlil's realized return?
What is crosby cost of equity capital : Crosby Industries has a debt-equity ratio of 1.5. Its WACC is 8.5 percent, and its cost of debt is 6 percent. There is no corporate tax. What is Crosby's cost of equity capital? What would the cost of equity be if the debt-equity ratio were 2.0?
Determining the market risk premium : (1) The firm's semiannual bonds mature in 20 years which were issued 5 years ago, have an 8.00% coupon, a par value of $1,000, and a market price of $1,050.00. (2) The company's tax rate is 40%.
Additional investment is to improve quality of applicants : The goal of this additional investment is to improve the quality of applicants. What would the total recruiting cost be for Digby next year?
Exchange for us dollars : Mary went on vacation from the UK to the US, so she had to purchase some dollars ($). How many pounds sterling (L) did she exchange for US dollars if she now has $135? The exchange rate is L 1 = $1.5542? Give your answer to the nearest pound s..
Modigliani and miller assumptions : Please explain why the dividend policy of a firm does not matter under the Modigliani and Miller assumptions.
How do the articles make you feel : Do these articles make you feel better or worse about becoming a member of the criminal justice system? Explain
Calculate the current market value and occ : Calculate the current market value and OCC of the portfolio consisting of the assetsin parts a, b and c.
Investigate the phenomenon of sea world in san diego : I'd like you to investigate the phenomenon of Sea World in San Diego in regard to their killer whales. Specifically, I would like you to provide an analysis of the whale Tilikum at Sea World, who is featured in the film "Blackfish."

Reviews

Write a Review

 

Finance Basics Questions & Answers

  What managerial assessments may you make about an

what managerial assessments may you make about an organization that has a profit and negative cash flow in the same

  Axillar beauty products corporation is considering the

axillar beauty products corporation is considering the production of a new conditioning shampoo which will require the

  The stocks price is currently 2475 its dividend is expected

wacc and percentage of debt financing hook industries capital structure consists solely of debt and common equity. it

  Your brewery produces bakersfield bland

Your brewery produces bakersfield Bland

  The spot price of euro is 13000 and the one-year forward

suppose the us dollar and euro interest rate for the next one year are 1.5 and 2 respectively. both are annually

  How does gamestop''s value chain differentiate it

How does GameStop's value chain differentiate it from the competition?

  The before tax lease payments per year would be 90000 the

question 1 mercy medical mega center a tax paying entity has made the decision to purchase a new laser surgical device.

  Slope of the yield curve

Which of the following statements is CORRECT?

  Discuss the meaning of these two betas

As of early 2010, Wal-Mart's (WMT) beta is .33 and Target Stores (TGT) beta is 1.02. discuss the meaning of these two betas, analytically by briefly setting forth the process for calculating beta.

  By how much should the stock go down on the ex-dividend date

Based solely on the impact of the cash dividend, by how much should the stock go down on the ex-dividend date? What will the new price of the stock be?

  Should this project be accepted

Fijisawa Inc. is considering a major expansion of its product line and has estimated the following cash flows associated with such an expansion.

  Determine risky investment

Assume you are aware of the following investment opportunity: You could open a coffee shop around the corner from your home for $25,000. IF business is strong, you could net $15,000 in after tax cash flows each year over next 5-years.

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