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write my assignment 21038

Directions: Answer the following five questions on a separate document. Explain how you reached the answer or show your work if a mathematical calculation is needed, or both. EXL.1. In Japan, 90-day securities have a 4% annualized return and 180-day securities have a 5% annualized return. In the United States, 90-day securities have a 4% annualized return and 180-day securities have an annualized return of 4.5%. All securities are of equal risk, and Japanese securities are denominated in terms of the Japanese yen. Assuming that interest rate parity holds in all markets, which of the following statements is most CORRECT? a. The yen-dollar spot exchange rate equals the yen-dollar exchange rate in the 90-day forward market. b. The yen-dollar spot exchange rate equals the yen-dollar exchange rate in the 180-day forward market. c. The yen-dollar exchange rate in the 90-day forward market equals the yen-dollar exchange rate in the 180-day forward market. d. The spot rate equals the 90-day forward rate. e. The spot rate equals the 180-day forward rate. 2. If the spot rate of the Israeli shekel is 5.51 shekels per dollar and the 180-day forward rate is 5.97 shekels per dollar, then the forward rate for the Israeli shekel is selling at a ________________ to the spot rate. a. premium of 8% b. premium of 18% c. discount of 18% d. discount of 8% e. premium of 16% 3. Stover Corporation, a U.S. based importer, makes a purchase of crystal glassware from a firm in Switzerland for 39,960 Swiss francs, or $24,000, at the spot rate of 1.665 francs per dollar. The terms of the purchase are net 90 days, and the U.S. firm wants to cover this trade payable with a forward market hedge to eliminate its exchange rate risk. Suppose the firm completes a forward hedge at the 90-day forward rate of 1.682 francs. If the spot rate in 90 days is actually 1.638 francs, how much will the U.S. firm have saved or lost in U.S. dollars by hedging its exchange rate exposure? a. -$396 b. -$243 c. $0 d. $243 e. $638

 

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write my assignment 6369

Harris Company manufactures and sells a single product. A partially completed schedule of the company’s total and per-unit costs over the relevant range of 45,000 to 65,000 units produced and sold annually is given below:

Harris Company manufactures and sells a single product. A partially completed schedule of the company’stotal and per-unit costs over the relevant range of 45,000 to 65,000 units produced and sold annually isgiven below: Required:1. Complete the schedule of the company’s total and unit costs. (Round the "Cost per unit" answers to2 decimal places.) Total costs:Variable costs $ 337,500Fixed costs 517,500 Total costs Cost per unit: 2. Assume that the company produces and sells 60,000 units during a year at a selling price of $19.00 perunit. Prepare a contribution margin income statement for the year.

 

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write my assignment 22564

Write 2 page essay on the topic Situational Leadership.

This model portrays leadership as to having two dimensions. They said that these dimensions were. leaders who were task oriented and leaders who were relationship oriented. The leaders who were relationship oriented laid more emphasis on their relationship with their followers. They tend to create a good working environment by enhancing good relations and follower appreciation. On the other hand is the task oriented leaders who will stop at nothing to achieve their goals or accomplish their professional duties. This meant they are solely determined to perform their tasks irrespective of their relations with the followers

This model categorized follower maturity in to four levels. The levels were. the high maturity, moderate maturity which was subdivided into two and finally the low maturity. Each of these levels was characterized by the difference in ability and willingness of an individual. Prior to that, the model had relative comparison of the relationship behavior and the task behavior. This relative comparison gave rise to four quadrants. This model was expressed diagrammatically as illustrated below.

In the leadership behavior model we have the four quadrants S1, S2, S3 and S4. (S1) represents low relation and high task leadership behavior. They said that this type of behavior is where the follower character is unable and unwilling and this requires maximum supervision of performance. He referred to this as telling style.

The next quadrant (S2) represents a high task high relationship leadership behavior characterized by an unable but willing follower. The situation exhibited here is where the leader gives instruction but expects clarification from the follower. Hersey and Blanchard recommend this a selling style.

Quadrant (S3) represents a leadership behavior characterized by high relation and low task which corresponds to unable but unwilling follower. They said that in this situation there ought to be participation. By participation

 

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write my assignment 1887

A sales consultant for Herron Pharmaceuticals wished to confirm that their packet of 24 paracetamol tablets was cheaper at the retail level than their rival product. The sales consultant collected price data from two independent samples, of size 19 for Herron and 26 for the rival company. These yielded an average and variance for the retail price of Herron’s product of 326 cents and 55 cents squared respectively, and 384 cents and 67 cents squared for the rival. Under the usual assumptions, determine an 80% confidence interval for the price difference (use Herron minus rival) stating only the lower limit of the interval in cents (round to the nearest whole number). 

 

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