If Canadian purchases of foreign real estate are $100 million, Canadian purchases of foreign-country bonds are $50 million, foreign purchases of Canadian real estate are $75 million and foreign purchases of Canadian bonds are $35 million, then the capital account balance is equal to million. O a. - $40 Ob. + $90 Ос. -$10 O d. - $90 O e. + $40
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- smart banking corp. can borrow $5 million at 6 percent annualized. it can use the proceeds to invest in Canadian dollars at 9 percent annualized over a six - day period. the canadian dollar is worth $.95 and is expected to be worth $.94 is six days. based on this information, shiuld smart banking corp borrow U.S. dollars and invest in canadian dollars? whar would be the gain or loss in U.S. dollars? dont chatgpt answer2. Assume the following information: Quoted a. £98,182 b. -£98,182 c. -£6,667 d. £6,667 Price £0.55 Value of Canadian dollar in British pounds Value of New Zealand dollar £0.20 in British pounds Value of Canadian dollar in NZS3.02 New Zealand dollars What is the profit/loss from this arbitrage if you had £1,000,000 to invest?International financial management : MCQ Assume the Canadian dollar is equal to £0.51 and the Peruvian Sol is equal to £0.16. The value of the Peruvian Sol in Canadian dollar is: (a) about 3.1875 Canadian dollars. (b) about .3137 Canadian dollars. (c) about 2.36 Canadian dollars. (d) about .3137 British pound (e) about .3137 Peruvian Sol. 2. Assume that a bank’s bid rate on Swiss francs is £0.25 and its ask rate is £0.26. Its bid-ask percentage spread is: (a) about 3.85 (b) about 4.00% (c) about 3.55% (d) about 4.15%
- Assume the Canadian dollar rose from US$0.9475 to US$0.9875. A client owns an investment that pays 6% interest in US dollars. What is the client's addition rate of return in US dollars? 4.05% 0.00% 1.78% 4.22%MNC is a U.S. company with the following 1. Sales to Canada amounting to C$18 million. 2. Expenses of C$12 million for goods. 3. Interest expense on Canadian loans of C$2 million. Given these exact figures above, and no other C$ costs, all else being equal, the dollar value of MNC's earnings should: Group of answer choices increase with an appreciating C$ decrease with an appreciating C$ increase with a depreciating C$ remain unchangedA resident foreign Corp has the following data: Gross Sales in Phil is 9M; Cost of sales- Phil is 2M; Gross sales in USA is 7M; cost of sales USA is 2M; Business expenses in Phil is 2M; business expenses in USA is 1M; Royalties on Phil copyrights is 500K; interest income from bank deposits in Phil is 100K; Remittances of profit during the year-net amounting to P 170K and payment for the first three quarters to BIR of P 100K. What is the Phil income tax due and payable using OSD? What is the tax on branch profit remittances?
- 1. Assume you notice the following information. Assume you spend $1 million USD to create an arbitrage trading strategy. What is your profit is USD. Remember to consider the profit after you pay back your loan Spot (CAD/USD)=1.75 • 1 Year Forward (CAD/USD) = 1.65 • 1 Year Canadian interest rate of 3% in Canadian Dollars (CAD) • 1 Year US interest rate of 4% in US Dollars (USD) 592,484.85Smart banking corp can borrow $5 million at 6 percent annualized.it can use the proceeds to invest in Canadian dollars at 9 percent annualized over a 6-day period. The canadian dollar is worth $.95 and is expected to be worth $.96 in 6 days. Based on this information, should smart banking corp. Borrow U.S dollars and invest in Canadian dollars? What would be the gain or loss in U.S dollars?Smart Banking Corp. can borrow $5 million at 6 percent annualized. It can use theproceeds to invest in Canadian dollars at 9 percent annualized over a 6-day period. TheCanadian dollar is worth $.95 and is expected to be worth $.94 in 6 days. Based on thisinformation, should Smart Banking Corp. borrow U.S. dollars and invest in Canadiandollars? What would be the gain or loss in U.S. dollars?
- Compensation income, Philippines, P800,000 Gross business income, Philippines, P1,200,000 Business expenses, Philippines, P 800,000 Gross business income, Canada, P600,000 Business expenses, Canada, P 500,000 Dividend income from a domestic corporation, P 60,000 Dividend income from foreign corporation, P 50,000 Interest income from peso bank deposit, Philippines , P 30,000 Interest income from bank deposits, Canada, P 40,000 Interest income from FCDS deposits, P 50,000 Royalty income from literary works, P 35,000 Raffle draw winnings, Philippines, P 10,000 PCSO Lotto winnings, P 200,000 Creditable withholding taxes on business income, P 125,000 Based on the following data above, what is the taxable income?Q.1 a) Perth International Co., an Australian multinational company, forecasts 70 million Australian dollars (A$) earnings next year (i.e., year-one). It expects 50 million Chinese yuan (CNY), 49 million Indian rupees (INR) and 33 million Malaysian ringgit (MYR) proceeds of its three subsidiaries in year-one. It also forecasts the year-one exchange rates A$0.3791/CNY, A$0.0420/INR and A$0.6130/MYR. Calculate the total Australian dollar (A$) cash flow for year-one. (enter the whole number with no sign or symbol) b) Perth International anticipates a 4.38 per cent increase in the year-one income of its subsidiaries in year-two. It has information that the current 5.25 per cent, 8.34 per cent, 13.71 per cent and 10.86 per cent nominal interest rate in Australia, China, India and Malaysia, respectively, will remain the same in the next three years. Due to foreign currency higher nominal interest rate, subsidiaries will invest 26 per cent, 50 per cent and 40 per cent of their year-two…Assume the following information: U.S. deposit rate for 1 year U.S. borrowing rate for 1 year New Zealand deposit rate for 1 year New Zealand borrowing rate for 1 year New Zealand dollar forward rate for 1 year New Zealand dollar spot rate = $.49 Also assume that a U.S. exporter denominates its New Zealand exports in NZ$ and expects to receive NZ$500,000 in 1 year. You are a consultant for this firm. = 3% = 4% Group of answer choices $235,841. $264,000. $245,000. $236,127. = 6% = 7% = $.48 Using the information above, what will be the approximate value of these exports in 1 year in U.S. dollars given that the firm executes a money market hedge?