1.Jack Ltd., a U.S. organization has a fare openness of JPY 10,000,000 receivable August

31, 2014. Japanese Yen (JPY) isn't straightforwardly cited against $.

The current spot rates are:

$/US $ = $62.22

JPY/US$ = JPY 102.34

It is assessed that Japanese Yen will devalue to 124 level and USD to

devalue against US $ to $ 65.

Forward rates for August 2014 are

I?$/US $ = $66.50

JPY/US$ = JPY 110.35

Required:

(I) Calculate the normal misfortune, if the supporting isn't finished. How the position will change,

in the event that the firm takes forward cover?

(ii) If the spot rates on August 31, 2014 are:

INR/US $= $66.29

JPY/US$ = JPY 140.85

Is the choice to take forward cover supported?

2. Debenture holders will get ... ..

A. Profit B. Interest C. Benefit D. These

3. Debenture holders are the ... .of an organization

A. Account holders B. Proprietors C. Loan bosses D. Borrowers

4. A charge made not on explicit resources but rather for the most part on all resources is known as... ... .

A. Fixed charge B. Drifting charge C. Home loan D. None of these

5. . ... ..debentures can be moved distinctly with the information on the organization.

A. Bare B. Home loan C. Enrolled D. Conveyor

6. . ... ..debentures are adaptable by simple conveyance

A. Bare B. Home loan C. Enrolled D. Conveyor

7. . ... debentures are gotten by the resources of the organization

A. Stripped B. Home loan C. Enrolled D. Conveyor

8. . Unstable debentures are called as ... .debentures

A. Bare B. Home loan C. Enrolled D. Carrier

9. FCD represents ...

A. Fixed Charge Debentures B. Gliding Charge Debentures

C. Completely Convertible Debentures D. None of these

10. Rebate or misfortune on issue of debenture is a ... .

A. Capital Profit B. Income Receipt C. Capital Loss D.Revenue Expense