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Why does most interbank currency trading worldwide involve the U.S. dollar?Answer: Trading in currencies worldwide is in opposition to a common currency which has international appeal. That type of currency has been the U.S. dollar as the end of World War II. Though, the deutsche mark and Japanese yen have started to be employed much more as international currencies in recent years. More significantly, trading would be exceedingly cumbersome and hard to manage if every trader made a market against all other currencies.
Ask question #MiniA project under consideration costs $750,000, has a five-year life, and has no salvage value. Depreciation is straight-line to zero. The required return is 17 per
Q. Can you explain about Overdrafts? Overdraft means an agreement with a bank by which a current account-holder is allowed to withdraw more than the balance to his credit up to
Weighted average cost of capital of Firm: Use the following information to answer the questions. Security Beta Expected retur
Negotiating and Closing Transaction: A diverse set of skills and very thorough preparation is required for negotiating and closing a divestiture transaction. Facts and informat
Inventory T ur nover In the accounting, a measure of the number of times that the average amount of inventory on hand is sold within a given time of period. In the o
X & Y is desirous to purchase a business and has consulted you, and one point on which you are asked to advice them, is the average amount of working capital which will be required
#pseudocode for finance class ..
Discuss the criteria for a ‘good’ international monetary system. Answer: A good international monetary system must offer (i) sufficient liquidity to the world economy, (ii)
Federal Funds Rate The interest rate that American banks that have funds in excess of the needs dictated by the Federal Reserve use to make overnight loans to banks whose
Prepare a capital budget analysis of the following data, your analysis should determine WACC, Net Operating Cash Flow, NPV, IRR, PI, and Payback analysis. This analysis is for t
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