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A 1- year Canadian bond with a face value of 5000 can be purchased at 4800.
a) Calculate the nominal interest rate in Canada.
b) if the Canadian dollar is expected to depreciate against the US dollar by 1 % over the next year, calculate the current nominal interest rate in the US.
c) How much could an American bond with the same Face value as the Canadian bond sell in the market?
Material Cost Control Therefore Materials form an important cost of output units and that should be controlled. Material Control is more than merely recording the accounting
standard hours = 5000 standard wages = Rs.3/hr actual hours worked = 5600 hrs actual wages paid = 17920
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