Une 2019 mexican peso futures contract has a price of $0. 05182 per mxn. You believe the spot price in june will be 0. 05821 per mxn. A. What speculative position would you enter into to attempt to profit from your beliefs? multiple choice short position long position b. Calculate your anticipated profits, assuming you take a position in three contracts. (do not round intermediate calculations. Round your answer to the nearest whole number. ) c. What is the size of your profit (loss) if the futures price is indeed an unbiased predictor of the future spot price and this price materializes? (a negative value should be indicated with a minus sign. Do not round intermediate calculations. Round your answer to the nearest whole number. )
Answers
For a speculative position, it is good to attempt a long position to attempt to profit from your beliefs. The Anticipated profit is $1,917.
A. I would enter into a long position to attempt to profit from your beliefs.
B. To calculate anticipated profits, first we would calculate the profit per contract:
Profit per contract = (spot price - futures price) x contract size
Future price = 0.05182 per mxn
Spot rate = 0.05821 per mxn
Contract Size = 100,000(assume)
Profit per contract = (0.05821 - 0.05182) x 100,000
= $639
Then, for three contracts the anticipated profits are:
Anticipated profits = profit per contract x number of contracts
Given the number of contracts = 3
= $639 x 3
= $1,917
Therefore the Anticipated profit is $1,917.
C. The futures price is an unbiased predictor of the future spot price and if the spot price materializes, your profit or loss would be zero your long position would balance of profit or losses from the spot price. So your profit in this case would be $0.
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Related Questions
a car wash loses $30 on rainy days and makes $120 on days when it does not rain. if the probability of rain is .15, calculate expected profit for the car wash.
Answers
When it's raining, a car wash costs $30; when it's not, it costs $120. The projected profit for the vehicle wash is $97.50 if the likelihood of rain is 0.15.
The likelihood of making a profit is multiplied by the payoff's profit to determine the expected profit, and the probability that specific costs will be incurred is multiplied by the cost to determine the expected cost.
Simply put, probability is the possibility that something will occur. When we don't know how something will turn out, we can talk about the possibility of one outcome or the likelihood of several. The study of events that fit into a probability distribution is known as statistics.
Probability of no rain is equal to 1 - 0.15 = 0.85.
Expected Profit = (Probability of not Rain * Profit if not Rain) +(Probability of Rain * Profit if Rain)
Expected Profit = (0.85 * 120) + (0.15 * -30)
Expected Profit = 102 + -4.5
Expected Profit = 102 - 4.5
Expected Profit = 97.5
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How do objectives make it more likely that you will reach your goals?
.A.Objectives are based on others' experiences.
.B.Objectives provide a step-by-step path to success.
.C.Objectives are the best way to assess your interests.
.D.Objectives help guide your career choices.
Answers
Answer:B.Objectives provide a step-by-step path to success.
Explanation:
An 8%, five-year bond yields 6%. If the yield remains unchanged, what will be its price one year hence? Assume annual coupon payments.
What is the total return to an investor who held the bond over this year? What can you deduce about the relationship between the bond return over a particular period and the yields to maturity at the start and end of that period?
Answers
The relationship between bond return and yields to maturity is inverse: as yields decrease, bond prices increase, resulting in positive returns, and vice versa.
To calculate the price of the bond one year hence, we need to consider the annual coupon payments and the face value of the bond.
Given that it is an 8% bond with a yield of 6%, we can determine that the coupon rate is higher than the yield, indicating that the bond is trading at a premium. This means that the bond's price is above its face value.
To calculate the price one year hence, we need to discount the future cash flows, which include the coupon payment and the face value.
Let's assume the face value of the bond is $1,000.
In the first year, the investor will receive a coupon payment of 8% * $1,000 = $80. The present value of this cash flow at a yield of 6% is $80 / (1 + 0.06) = $75.47.
At the end of the fifth year, the investor will receive the face value of $1,000. The present value of this cash flow is $1,000 / (1 + 0.06)^5 = $747.26. The price of the bond one year hence would be the present value of these cash flows, which is $75.47 + $747.26 = $822.73.
Now, let's calculate the total return to the investor who held the bond over this year. The total return consists of the coupon payment received and any change in the bond's price.
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To all the people who wacth Mha, whats your fav thing about it?
Answers
Answer:
the character development is so god tier
Explanation:
True or false: Flexible prices help to explain how unexpected changes in demand lead to the fluctuations in GDP and employment that occur over the course of the business cycle.
Answers
Answer:
True this is the answer thanks please rate
Popularity increases a product’s
A. price
B. utility
C. life cycle
D. trial period
Answers
Answer:
life cycle
Explanation:
When a product has been popularized with adverts, people will know d product and will wanna try it out.Once this happens,the product will still be in existence prolonging the life cycle
The unadjusted trial balance for Wilson Construction Co. As of June 30, 2019, the end of its fiscal year, is found on the trial balance tab. The June 30, 2018, credit balance of the owner’s capital account was $53,000, and the owner invested $45,000 cash in the company during the 2019 fiscal year.
Information for adjustments is as follows:
a. The supplies available at the end of fiscal year 2019 had a cost of $4,000.
b. The cost of expired insurance for the fiscal year is $3,100.
c. Annual depreciation on equipment is $30,600.
d. The June utilities expense of $800 is not included in the unadjusted trial balance because the bill arrived after the trial balance was prepared. The $800 amount owed needs to be recorded.
e. The company’s employees have earned $5,400 of accrued and unpaid wages at fiscal year-end.
f. The rent expense incurred and not yet paid or recorded at fiscal year-end is $2,400.
g. Additional property taxes of $1,800 have been assessed for this fiscal year but have not been paid or recorded in the accounts.
h. The $600 accrued interest for June on the long-term notes payable has not yet been paid or recorded.
Required:
Prepare any necessary adjusting and closing entries for the current fiscal year
Answers
To prepare the necessary adjusting and closing entries for the current fiscal year, we need to analyze each adjustment and its impact on the accounts.
a. Supplies available at the end of fiscal year 2019 had a cost of $4,000.
Debit Supplies Expense $4,000
Credit Supplies $4,000
b. The cost of expired insurance for the fiscal year is $3,100.
Debit Insurance Expense $3,100
Credit Prepaid Insurance $3,100
c. Annual depreciation on equipment is $30,600.
Debit Depreciation Expense $30,600
Credit Accumulated Depreciation $30,600
d. The June utilities expense of $800 is not included in the unadjusted trial balance because the bill arrived after the trial balance was prepared. The $800 amount owed needs to be recorded.
Debit Utilities Expense $800
Credit Accounts Payable $800
e. The company’s employees have earned $5,400 of accrued and unpaid wages at fiscal year-end.
Debit Wages Expense $5,400
Credit Wages Payable $5,400
f. The rent expense incurred and not yet paid or recorded at fiscal year-end is $2,400.
Debit Rent Expense $2,400
Credit Accounts Payable $2,400
g. Additional property taxes of $1,800 have been assessed for this fiscal year but have not been paid or recorded in the accounts.
Debit Property Tax Expense $1,800
Credit Property Taxes Payable $1,800
h. The $600 accrued interest for June on the long-term notes payable has not yet been paid or recorded.
Debit Interest Expense $600
Credit Interest Payable $600
Next, we need to prepare the necessary closing entries to transfer the temporary accounts (revenues, expenses, and dividends) to the permanent owner’s capital account.
i. Close Revenue Accounts:
Debit Revenues $XX
Credit Income Summary $XX
j. Close Expense Accounts:
Debit Income Summary $XX
Credit Expenses $XX
k. Close Dividends Account:
Debit Retained Earnings $XX
Credit Dividends $XX
Finally, we need to update the owner’s capital account with the ending balance for the fiscal year.
l. Update Owner's Capital Account:
Debit Owner's Capital $XX
Credit Retained Earnings $XX
Note: The exact amounts for the closing entries will depend on the balances in the accounts and are not provided in the question.
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QUESTION 4 of 10: One survey has 3 respondents, and another 100. Which survey is more likely to accurate data? a) The one with the larger sample size b) The one the smaller sample size
I need help
Answers
Answer:
The one with the larger sample size
Explanation:
Larger sample sizes provide more accurate mean values, identify outliers that could skew the data in a smaller sample and provide a smaller margin of error.
The survey is more likely to have accurate data is the one with larger sample size. Thus the correct option is A.
What is Survey?The survey is referred to as a technique of data collection with the objective to perform research by asking questions. In surveys, a group of participants is involved in which questions related to the research are asked.
The accuracy of the average values will increase with the size of the sample. In addition to providing smaller margins of error, larger sample sizes aid researchers in discovering patterns in data.
The smaller sample size cannot be considered accurate due to its value. The smaller sample size is cost-effective and time-saving but cause more error in data collection.
Therefore, option A one with the larger sample size is appropriate.
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On October 1, Callison accepts a 5-year interest bearing note receivable for $1,000. The note bears interest of 12%. Both principal and interest are received at maturity. The journal entry required on December 31, Year 1, to accrue interest will include:_______
Answers
Answer:
Dr Interest Receivable $30
Cr Interest Revenue $30
Explanation:
Based on the information given we were told that Callison accepts an interest bearing note receivable for the amount of $1,000 in which the note has the interest of 12%,This means that journal entry on December 31, Year 1, to accrue interest will include:
Dr Interest Receivable $30
Cr Interest Revenue $30
Calculated as :
Accrued interest =12%×$1,000×(3/12)
Accrued interest=$30
with this type of externality, in the absence of government intervention, the market equilibrium quantity produced will be than the socially optimal quantity.
Answers
The type of externality where market equilibrium quantity produced will be more than socially optimal quantity in absence of governemtn intervention is Negative externality.
Let understand that whenever a production of good or service negatively affect the unrelated third party who is not directly involved in a market transaction, it is said that negative externality exists in the scenario.
A very good example of commonly cited Negative Externalities are air pollution and noise pollution which was caused during production an affects unrelated third party.
If there is presence of government intervention in the production, then, the production of goods or service will be halted.
Therefore, in conclusion, this type of externality is called the Negative Externality.
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in monopolistic competition, each firm: a has some ability to set the price of its differentiated good. b is a price-taker. c has marginal revenue that is greater than price. d will set output at the point where price is equal to marginal revenue. e will set price equal to marginal cost.
Answers
the correct answer is a) In monopolistic competition has some ability to set the price of its differentiated good.
This is because, in monopolistic competition, firms produce slightly differentiated products, which allows them some control over the pricing of their goods.
They do not have full control, though, as there is still competition among firms producing similar products.
However, they face competition from other firms producing similar products, so they cannot fully control the market price. Firms in monopolistic competition also try to maximize profits by producing at the point where marginal revenue equals marginal cost, but this does not necessarily mean setting price equal to marginal cost.
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At 10/1 Year 8 , the next year, the face amount of the NOTE PAYABLE plus all interest / is paid off. / The INTEREST PAYABLE from 12/31 Year 7 is reversed out / and the amount of INTEREST EXPENSE from 1/1 Year 8 through 10/1 Year 8 is recognized. (Use months to calculate interest.)
Answers
At 10/1 Year 8, the next year, the face amount of the NOTE PAYABLE plus all interest is paid off. The INTEREST PAYABLE from 12/31 Year 7 is reversed out and the amount of INTEREST EXPENSE from 1/1 Year 8 through 10/1 Year 8 is recognized.
In order to calculate the interest expense from 1/1 Year 8 through 10/1 Year 8, we can use the following steps:Step 1: Calculate the total number of months from 1/1 Year 8 through 10/1 Year 8. There are 9 months in total.Step 2: Determine the interest rate that was agreed upon in the note payable.
Let's assume it was 6%.Step 3: Calculate the interest expense by multiplying the face amount of the note payable by the interest rate and then multiplying that amount by the number of months. For example, if the face amount of the note payable was $10,000,
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1. Give two examples of how life Insurance premiums would be determined based on ageand gender. Explain which type of life Insurance you would
recommend for each situation.
Answers
Answer:
Life insurance is designed to pay out a death benefit to the person or persons you name as beneficiaries when you pass away. In exchange for this coverage, you pay a premium to the life insurance company. In the case of term life insurance, you'd pay these premiums for a set term prescribed by the policy. With permanent life insurance coverage, premiums are due as long as the policy remains in effect
What option Rimilia provides to find all combination of transactions that make up the payment amount
Answers
The option provided by Rimilia to find all combinations of transactions that make up the payment amount is called "Auto-Matching".
What is Auto-Matching?Auto-Matching is a feature in Rimilia's accounts receivable automation software that matches incoming payments to open invoices using artificial intelligence and machine learning.
It can analyze thousands of transactions in seconds, matching each payment to one or more invoices, and identifying any discrepancies.
With Auto-Matching, Rimilia can identify which combination of invoices, credit notes, and debit notes make up a payment amount. It can also automatically apply cash, identify underpayments or overpayments, and manage disputes or exceptions.
This helps to streamline the accounts receivable process and improve cash flow management for businesses.
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The options are:
Cash
Debit cards
Mobile payments
Credit cards
internet banking
checks
auto matching
highly automated warehouses tend to be . . .? group of answer choices located in remote locations highly seasonal facilities high volume facilities low overhead cost
Answers
Highly automated warehouses tend to be high volume facilities with low overhead costs. This is because automation allows for faster and more efficient processing of inventory, reducing labor costs and increasing throughput.
High volume facilities are able to handle a larger quantity of products, reducing the need for multiple warehouses and lowering overall costs. Additionally, automation allows for the optimization of storage space, maximizing the use of available square footage.
These warehouses may not necessarily be located in remote locations, as the use of automation allows for easy management and monitoring of inventory regardless of location. While some industries may have seasonal fluctuations in demand, the high level of automation in these facilities allows for quick and flexible adjustments to meet changing needs. Overall, highly automated warehouses are designed to operate at maximum efficiency, while keeping costs low, to provide optimal service to customers.
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Darren has borrowed $100$ clams from ethan at a $10\%$ simple daily interest. meanwhile, fergie has borrowed $150$ clams from gertie at a $5\%$ simple daily interest. in how many days will darren and fergie owe the same amounts, assuming that they will not make any repayments in that time period?
Answers
Answer:
20
Explanation:
start doing math
In 20 days Darren and Fergie owe the same amounts.
What is simple interest?simple interest is primarily based on the primary quantity of a or the primary deposit in a savings account. simple interest does not compound, which means that a creditor will best pay interest on the main amount and a borrower could by no means pay extra interest at the previously gathered interest.calculation:-
10% is on $100 is = $10
5% SI on $150 = $7.5
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If the state of Texas has a lower opportunity cost for producing beef compared to Alaska, then... Texas has a comparative advantage in beef and should just produce beef for itself and not export to other states like Alaska. Texas has an absolute advantage in beef and should share expertise with Alaska so they can develop an absolute advantage as well. Texas has a comparative advantage in beef, and Alaska should purchase beef from Texas. Texas has an absolute advantage in beef, and Alaska should purchase beef from Texas. Absolute advantage refers to the ability to produce more and not necessarily the ability to produce at a lower opportunity cost. Learning Objective: Define comparative advantage
Answers
Texas has a comparative advantage in beef, and Alaska should purchase beef from Texas."
Comparative advantage is the ability of an individual, company, or country to produce a specific good or service at a lower opportunity cost than another individual, company, or country.
In this scenario, Texas has a lower opportunity cost for producing beef compared to Alaska. This means that Texas can produce beef at a lower cost than Alaska can. Therefore, Texas has a comparative advantage in beef production.
As a result, it would be beneficial for Alaska to purchase beef from Texas, as it would be cheaper for Alaska to buy beef from Texas than to produce it themselves. This would allow Alaska to allocate their resources to other areas where they have a comparative advantage.
Overall, the key takeaway from this scenario is that when one entity has a lower opportunity cost for producing a specific good or service, they have a comparative advantage and should specialize in producing that good or service. Other entities should then purchase that good or service from the entity with the comparative advantage, as it would be more cost-effective for them to do so.
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the higher the node number, the longer the activity will take. True/False
Answers
False. The statement "the higher the node number, the longer the activity will take" is not accurate.
In project management and network analysis, node numbers represent events or points in time, while activities represent tasks or work done between these nodes. Nodes are usually numbered to organize and identify different events within a project, but the node numbers themselves have no direct correlation to the duration or complexity of the activities.
Activity duration is determined by factors such as task complexity, resource availability, and dependencies on other activities. While it is possible that some activities associated with higher node numbers might take longer due to project progression and increased complexity, there is no inherent relationship between node numbers and activity duration. It is essential to analyze each activity individually and consider its specific characteristics and dependencies to determine its duration within a project.
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how do you wrrite the word pneumonoultramicroscopicsilicovolcanoconiosi aand what does it mean?
Answers
Answer:
Pneumonoultramicroscopicsilicovolcanoconiosis
Explanation:
Pneumonoultramicroscopicsilicovolcanoconiosis is a phrase used to describe a lung condition produced by inhaling silica dust, as in I had difficulty breathing and my doctor diagnosed me with pneumonoultramicroscopicsilicovolcanoconiosis.
5.
An efficient economy is one that
Ouses its resources to make the most goods and services.
Ohas very few people who do not work for a living.
Omake it possible to increase an economy's output.
Omakes the best use of all its goods and services.
I
Answers
What will be the end result for the taxpayer who filed his federal income tax return.
Answers
If your federal gross income was $12,950 or more and you're under 65, you must submit a single status tax return. If your federal gross income was $14,700 or more and you are 65 years of age or older, you must file.
What is the status of federal filing?
Determines the tax rate applied to income. Head of household, married filing jointly, married filing separately, single, and qualified widow(er) with dependent child are the five filing statuses. A tax year is the 12-month period of time that a tax return covers. The tax year for people in the US is from January 1 to December 31 and includes taxes due on income earned during that time. The Where's My Return? feature is the easiest method to find out if you've received a tax refund. After receiving an e-filed return, taxpayers have 24 hours to start monitoring the status of their refund. After the return is processed and a refund is approved, the program also offers a customized refund date.
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10
Drag each tile to the correct location on the table.
Match each feature to the correct social media platform.
encourages
groups to
exchange ideas
often used
with other
types of social
media platforms
gets quick
messages out
to the public
connects users
within a
particular
geographic
space
Social
Networking
Microblogging
Video Sharing
Discussion
Forum
Answers
Microblogging is a form of social media that allows users to share short and concise messages with their followers in real-time.
This type of platform is designed for quick and easy communication, often limited to a certain number of characters or words per post.
Microblogging is ideal for getting immediate information out to a large audience, such as breaking news or updates on event.
It also encourages interaction and engagement between users, who can comment or share posts with their own followers.
While not limited to any specific topic, microblogging platforms are often used for sharing personal opinions, thoughts, and experiences, and can serve as a means of self-expression and community building.
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Net Purchases + Purchases Returns and Allowances + Purchase Discounts equals:
O A. Gross Profit.
OB. Gross Purchases.
O C. Net Income.
OD. Net Loss.
Answers
Answer:
OB. Gross Purchases.
Explanation:
Gross purchases represent all the purchases a business made in a particular period. It includes returns outwards ( purchases returns), discounts and allowances received.
Net purchases are calculated by subtracting purchase returns, discounts received, and allowances from gross purchases.
Therefore, Net Purchases + Purchases Returns and Allowances + Purchase Discounts= gross purchases.
When economists determine that a nation’s GDP has declined, they can point to this as a sign of
economic shrinkage.
economic growth.
low unemployment.
poor leadership.
Answers
Answer:
ANSWER: Economic Shrinkage
Explanation:
When Economists determine that a nation’s GDP has declined, they declared that this is a sign of Economic Shrinkage.
This is because Economic Shrinkage is a term that described a decrease or reduction in the level of a country or nation's GDP.This implies that the level of economic and development growth rate of a specific nation under measure has declined.A reduction in the GDP of a nation affects the production level, the consumers, and the investors.Hence, in this case, the correct answer is option A "Economic shrinkage."
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Robert receives a salary of $60,000 per year, or $2,500 semi-monthly. How
much does his employer pay for his unemployment tax for the entire year?
A. no limit
B. $0
C. $840
D. $420
Answers
Answer:
B. $0
Explanation:
Unemployment tax known as FUTA (The Federal Unemployment Tax act) is imposed on employers based on the wage and salaries they pay their employees. Employers who pay $1500 and above per calendar quarter are mandated to pay FUTA. Unlike other payroll-based taxes, employers are not required to deduct FUTA from employees. Therefore, nothing should be withheld from Robert's income as unemployment tax.
Education Career Video Assignment
In order to complete this assignment, you must first watch at least 3 of the 5 videos that are in the course under MODULE 3.01. After you have watched them, answer the following questions about 3 of the 5 jobs you learned about. Once you are finished save your file. Then upload it to the Education Careers Video Assignment dropbox.
Name:
Video #1
1. What is the job title?
2. Where do people with this career go to work?
3. What education do you need for this career?
4. Why did you choose this career?
Video #2
1. What is the job title?
2. Where do people with this career go to work?
3. What education do you need for this career?
4. Why did you choose this career?
Video #3
1. What is the job title?
2. Where do people with this career go to work?
3. What education do you need for this career?
4. Why did you choose this career?
Answers
true/false. generally speaking, one of the biggest barriers to mobile commerce is that many consumers find mobile devices too complicated to use for commerce.
Answers
The statement "generally speaking, one of the biggest barriers to mobile commerce is that many consumers find mobile devices too complicated to use for commerce" is a True because mobile Commerce is a type of online commerce that is conducted over mobile devices such as smartphones and tablets.
Mobile commerce (m-commerce) is a platform that enables consumers to buy and sell goods and services through the internet via mobile devices. It entails the use of wireless handheld devices such as cellphones, laptops, and tablets to conduct business activities that include buying and selling products and services. Users can use the internet, proprietary software apps, text messages, or other cellular-based technology to access and engage in a wide range of activities. It includes marketing, purchasing, billing, and customer support.
However, one of the biggest barriers to mobile commerce is that many consumers find mobile devices too complicated to use for commerce. A study revealed that poor mobile site experience and long loading times can discourage mobile commerce customers. This suggests that while the mobile market is expanding, there are still some barriers that need to be addressed. These issues include user experience, mobile security, and lack of trust in mobile payment methods.
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How responsible should sport/event organizations, celebrities, and athletes be for keeping their various publics happy? We know that good publicity boosts goodwill and profits. But, should individuals have to keep their personal beliefs private so they won’t offend anyone? For example, some musicians may highlight their political views on stage at their concerts. Or, an athlete may make comments in an interview that could offend certain groups. Perhaps he’s an avid hunter, a hobby that some animal rights activists would certainly not support. What do you think? Where should celebrities and athletes draw the line between building fan support and being true to themselves?
Answers
Answer:
I dont really know
Explanation:
A 1099 form is used in calculating income tax for
A. part-time workers
B. wage-earning employees
C. salaried employees
D. independent contractors
Answers
Answer:
Independent contractors
Explanation:
explain the availability and use of factors of production as method of growing the economy
Answers
The availability and use of factors of production play a critical role in growing the economy. The four primary factors of production include land, labor, capital, and entrepreneurship. The land is the natural resources available for production, such as soil, minerals, and water. Labor refers to the human effort involved in the production process, including physical and mental skills. Capital refers to the physical assets used in the production process, such as machinery, tools, and buildings. Entrepreneurship refers to the process of combining the other three factors to create a business venture.
The availability of these factors determines the extent to which an economy can grow. For example, a country with abundant natural resources can use them to increase production and grow its economy. Similarly, a country with a large and skilled labor force can produce more goods and services, which can lead to economic growth.
Moreover, the efficient use of factors of production can increase productivity and growth. For instance, the use of advanced technology and machinery can reduce the labor required for production, leading to cost savings and increased efficiency.
Overall, the availability and effective use of factors of production can significantly contribute to economic growth and development.
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