Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. an investor enters into a short forward contract t

an investor enters into a short forward contract to sell 80,000 Euros for Australian dollars...

90.2K

Verified Solution

Question

Accounting

an investor enters into a short forward contract to sell 80,000 Euros for Australian dollars at an exchange rate of 0.165EURper AUD. how much at the end of the contract is 0.619?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Question U Mortality is lowest during the young stages for O type I survivorship curve...

Biology
Q

How many inches equals a foot 1 65 2 55 3 48 4 75 5...

Basic Math
Q

For an object placed at 20 cm in front of a convex lens the image...

Physics
Q

Switch is closed at t 0 then current in the circuit L 2R at t...

Physics
Q

Single Over 0 But not over The tax is 7 825 7 825 31 850...

Basic Math
Q

A commercial building contractor will commit her company to one of three projects depending on...

Algebra
Q

Solve and graph mathematical and real world problems that are modeled with linear functions Interpret...

Algebra
Q

Mack Precision Tool and Die has two production departments, Fabricating and Finishing, and two service...

Accounting
Q

On Time Clock Company Inc. Income Statement For the Year Ended December 31, 2020 Sales...

Accounting
Q

Question 1: The following information relates to a company's accounts receivable: account receivable balance at...

Accounting
Q

A bank offers 25-year. $170,000 mortgages at 4.5 percent and charges a $3,500 refundable loan...

Finance
Q

If the earnings that are reported by a company are misstated, how might this affect...

Accounting