Business, 10.04.2020 21:09 saucyboyFredo
Suppose that an ounce of gold sells for $2000 in the United States and 1000 euros in France. A euro currently trades for $1.50 . it costs $100 to ship an ounce of gold between the two countries. Assume it is legal to buy and ship gold in both countries. Then:.
a. it is not possible to profit from international arbitrage.
b. you can profit by buying gold in the United States and shipping it to France.
c. you can profit by buying gold in France and shipping it to the United States.
d. the price of gold will rise in the United States. e. the dollar will appreciate.
Answers: 1
Another question on Business
Business, 22.06.2019 19:00
15. chef a insists that roux is the traditional thickener for bisque. chef b insists that it's rice. which chef is correct? a. neither chef is correct. b. both chefs are correct. c. chef b is correct. d. chef a is correct.
Answers: 1
Business, 22.06.2019 19:10
Calculating and interpreting eps information wells fargo reports the following information in its 2015 form 10-k. in millions 2015 2014 wells fargo net income $24,005 $24,168 preferred stock dividends $1,535 $1,347 common stock dividends $7,400 $6,908 average common shares outstanding 5,136.5 5,237.2 diluted average common shares outstanding 5,209.8 5,324.4 determine wells fargo's basic eps for fiscal 2015 and for fiscal 2014. round answers to two decimal places.
Answers: 3
Business, 22.06.2019 19:20
Although appealing to more refined tastes, art as a collectible has not always performed so profitably. during 2003, an auction house sold a sculpture at auction for a price of $10,211,500. unfortunately for the previous owner, he had purchased it in 2000 at a price of $12,177,500. what was his annual rate of return on this sculpture? (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answer as
Answers: 2
Business, 23.06.2019 11:00
Jessica thinks that everyone would be better off if financial institutions stopped issuing credit. which statement accurately supports her argument? people would pay less in interest fees. people would have greater protection in case of emergencies. people would need to save for many years to buy a home or open a business. people would support the economy through purchases of more goods and services.
Answers: 1
You know the right answer?
Suppose that an ounce of gold sells for $2000 in the United States and 1000 euros in France. A euro...
Questions
Health, 28.10.2020 17:00
Mathematics, 28.10.2020 17:00
Computers and Technology, 28.10.2020 17:00
English, 28.10.2020 17:00
History, 28.10.2020 17:00
English, 28.10.2020 17:00
Arts, 28.10.2020 17:00
