What is the spot rate today

Assignment Help Finance Basics
Reference no: EM13272157

Tantrix, Inc., purchased its inventory from an Indian manufacturer at a cost of Rs.5,325,000. The dollar cost of this payable is $125,634.07 at todays spot rate. What is the spot rate today?

Reference no: EM13272157

Questions Cloud

Explain oxidation of diamond by oxygen to carbon dioxide : The enthalpy for oxidation of diamond by oxygen to carbon dioxide is -395.4 kJ/mol but the enthalpy for oxidation of graphite to carbon dioxide is -393.4 kJ/mol. Find the enthalpy of reaction for graphite going to diamond.
How many moles of gas will be in the container : A 5 L rigid (constant volume) container holds 0.60 moles of helium at an initial temperature of 80 oC, How many moles of gas will be in the container at the final temperature
What is the exchange rate in terms of yen per dollar : If the spot rate is quoted as $0.009369/¥, what is the exchange rate in terms of yen per dollar?
Calculate the volume of naoh : A student analyzed a 0.2078g sample containing aspirin using 0.1014M NaOH. The student obtained a % purity of 76.1%. Calculate the volume of NaOH that is required in order to reach the end point of the reaction. Molar mass for aspirin = 180.16g/m..
What is the spot rate today : Tantrix, Inc., purchased its inventory from an Indian manufacturer at a cost of Rs.5,325,000. The dollar cost of this payable is $125,634.07 at todays spot rate. What is the spot rate today?
Explain the weathering of pyrite fes2 in coal mines : The weathering of pyrite (FeS2) in coal mines and in metal sulfide ore deposits can be represented by the following reaction
What is the mass of the liquid water : A block of ice of mass 0.4 kg and initial temperature T = 0 oC is placed in a sealed insulated container full of Helium gas, What is the mass of the liquid water
What is the break-even point for jackson : Each circuit board is sold at a price of $111.50 and involves variable costs of $81.73 per unit. What is the break-even point for Jackson.
What percent of the project will be financed by debt : According to the pecking order theory of the capital structure, what percent of the project will be financed by debt?

Reviews

Write a Review

Finance Basics Questions & Answers

  Briarcrest condiments

Briarcrest Condiments is a spice-making firm. Recently, it developed a new process for producing spices.

  Represent the return on your investment

In a mutual fund 401(k)that you have through work, you notice that for every dollar you invest, your firm also invests a dollar. You are able to invest up to 5 percent of your yearly income,

  What was the most recent dividend per share paid

what was the most recent dividend per share paid on the stock? (Do not round intermediate calculations and round your answer to 2 decimal places. (e.g., 32.16)) Dividend paid per share $

  What is the expected return on the portfolio

You own a portfolio that is 34 percent invested in Stock X, 24 percent in Stock Y, and 42 percent in Stock Z. The expected returns on these three stocks are 7 percent, 20 percent, and 16 percent, respectively. What is the expected return on the po..

  Investing and weighted cost problems

A client is 20 years from retirement and wants to invest today for $35,000 retirement annuity beginning one year following his retirement and continuing for 15 years in his retirement. Find out the marginal weighted average cost of capital given fol..

  Success rate of corporate combinations

Conduct Internet research on success rate of corporate combinations over the past 20 years. Describe your findings.

  Amortization expense

Dade buy a patent on January 1, 2003 for $120,000. The patent had a remaining useful life of ten years at that date. In January 2004, Dade successfully defends patent at a cost of $54,000,

  Compute the return on the investment

Compute the return on the investment and What is the rate of return that Pedro is being promised

  Computation of promised yield to maturity for cardiotronics

Computation of promised yield to maturity for Cardiotronic's zero coupon bonds and the probability of default that is implicit in the price of Cardiotronics outstanding zero-coupon bonds

  Computation of intrinsic value

Joy Medical Corporation is a little-known producer of heart pacemakers. The earnings and dividend growth prospects of the Corporation are disputed by analysts.

  Average returns and standard deviations for their stocks

The countries of Stabilato and Variato hae the following average returns and standard deviations for their stocks, bond, and short-term government securities. What range of returns should you expect to earn 95 percent of the time for each asset class..

  Computation of value of cost of loan from bank

Computation of value of cost of loan from bank and a bank account that pays 5% per year (EAR) for three 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