Hello- please see attached file.

QUESTION 1

The exchange rate is 1.093 Swiss francs per U.S. dollar. How many U.S. dollars are needed to purchase 9,943 Swiss francs?

QUESTION 2

Suppose one U.S. dollar can purchase 126 yen today. If the yen depreciates by QUESTION 3

Venture capital is most appropriate to be the source of funding for which one of the following? Choose only one

	Seasonal production
	Daily operations for an established, profitable firm
	Bankruptcy reorganization
	New, high-risk venture
	Global expansion for an established, profitable firm

QUESTION 4

Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.1936 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 1.0053 euros. What is the cross-rate of euros to Swiss francs (Euro/SF)?

Enter your answer rounded off to FOUR decimal points.

QUESTION 5

In New York, you can exchange $1 for 0.8342 or 0.6171. Suppose that, in Berlin, 1 costs 1.1971. How much profit can you earn on $36,146 using triangle arbitrage?

QUESTION 6

Which one of the following terms is defined as an underwriting for which the underwriters assume full responsibility for any unsold shares?

	Firm commitment underwriting
	Best efforts underwriting
	Private placement
	Rights offer
	Initial public offering

QUESTION 7

Suppose it takes 1.17 U.S. dollars today to purchase one British pound today. Currency forecasters predict that the U.S. dollar will depreciate by 2% against the pound over the next 30 days. What is the Euro/US Dollar exchange rate in 30 days?That is, how many euros can 1 dollar buy in 30 days?

QUESTION 8

You can exchange $1 for either C$1.1712 or 119.62. What is the cross rate between the Japanese yen and the Canadian dollar? That is, solve for per C$.

QUESTION 9

Your friend from Germany has decided to come and visit you in the United States. You estimate the cost of her trip at $3,671. What is the cost to her in euros if the U.S. dollar equivalent of the euro is 1.3123?

QUESTION 10

ABCUnderwriters retains the difference between its buying price and its offering price on new securities. What is this amount called?

	Commission
	Offer
	Spread
	Rights price
	Markup

QUESTION 11

Currently, you own 10% of the outstanding stock of ABC Company. The company has decided to issue additional shares of stock and has given you the first option to purchase 10% of those additional shares. Which one of the following will you be participating in if you opt to purchase the shares you have been offered?

	Rights offer
	Red herring offer
	Private placement
	IPO
	General cash offer

QUESTION 12

Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.2438 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 0.9459 euros. What is the cross-rate of Swiss francs to euros (SF/Euro)?

Enter your answer rounded off to FOUR decimal points.

QUESTION 13

Which one of the following is the name given to a registration of securities under SEC 415 which permits a firm to issue the securities over a two-year period?

	Negotiated registration
	Shelf registration
	Delayed registration
	Seasoned registration
	Extended registration

QUESTION 14

You just returned from a trip to Venezuela and have 2,919 bolivares fuertes in your pocket. How many dollars will you receive when you exchange this money if the U.S. dollar equivalent of the bolivares fuertes is 0.1721?.

QUESTION 15

Suppose it takes 1.36 U.S. dollars today to purchase one British pound today. Currency forecasters predict that the U.S. dollar will depreciate by 18% against the pound over the next 30 days. What is the U.S. dollar/Euro exchange rate in 30 days?

Enter your answer rounded off to FOUR decimal points.

QUESTION 1 1. The exchange rate is 1.093 Swiss francs per U.S. dollar. How many U.S. dollars are needed to purchase 9,943 Swiss francs? QUESTION 2 1. Suppose one U.S. dollar can purchase 126 yen today. If the yen depreciates by Q U E S T I O N 3 1. Venture capital is most appropriate to be the source of funding for which one of the following? Choose only one Seasonal production Daily operations for an established, profitable firm Bankruptcy reorganization New, high-risk venture Global expansion for an established, profitable firm QUESTION 4 1. Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.1936 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 1.0053 euros. What is the cross-rate of euros to Swiss francs (Euro/SF)? Enter your answer rounded off to FOUR decimal points. QUESTION 5 1. In New York, you can exchange $1 for 0.8342 or 0.6171. Suppose that, in Berlin, 1 costs 1.1971. How much profit can you earn on $36,146 using triangle arbitrage? QUESTION 6 1. Which one of the following terms is defined as an underwriting for which the underwriters assume full responsibility for any unsold shares? Firm commitment underwriting Best efforts underwriting Private placement Rights offer Initial public offering QUESTION 7 1. Suppose it takes 1.17 U.S. dollars today to purchase one British pound today. Currency forecasters predict that the U.S. dollar will depreciate by 2% against the pound over the next 30 days. What is the Euro/US Dollar exchange rate in 30 days? That is, how many euros can 1 dollar buy in 30 days? QUESTION 8 1. You can exchange $1 for either C$1.1712 or 119.62. What is the cross rate between the Japanese yen and the Canadian dollar? That is, solve for per C$. QUESTION 9 1. Your friend from Germany has decided to come and visit you in the United States. You estimate the cost of her trip at $3,671. What is the cost to her in euros if the U.S. dollar equivalent of the euro is 1.3123? QUESTION 10 1. ABCUnderwriters retains the difference between its buying price and its offering price on new securities. What is this amount called? Commissi on Offer Spread Rights price Markup QUESTION 11 1. Currently, you own 10% of the outstanding stock of ABC Company. The company has decided to issue additional shares of stock and has given you the first option to purchase 10% of those additional shares. Which one of the following will you be participating in if you opt to purchase the shares you have been offered? Rights offer Red herring offer Private placement IPO General cash offer QUESTION 12 1. Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.2438 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 0.9459 euros. What is the cross-rate of Swiss francs to euros (SF/Euro)? Enter your answer rounded off to FOUR decimal points. QUESTION 13 1. Which one of the following is the name given to a registration of securities under SEC 415 which permits a firm to issue the securities over a two-year period? Negotiated registration Shelf registration Delayed registration Seasoned registration Extended registration QUESTION 14 1. You just returned from a trip to Venezuela and have 2,919 bolivares fuertes in your pocket. How many dollars will you receive when you exchange this money if the U.S. dollar equivalent of the bolivares fuertes is 0.1721?. QUESTION 15 1. Suppose it takes 1.36 U.S. dollars today to purchase one British pound today. Currency forecasters predict that the U.S. dollar will depreciate by 18% against the pound over the next 30 days. What is the U.S. dollar/Euro exchange rate in 30 days? Enter your answer rounded off to FOUR decimal points. SOLUTIONS 1. The exchange rate is 1.093 Swiss francs per U.S. dollar. How many U.S. dollars are needed to purchase 9,943 Swiss francs? 1.093 Swiss francs = 1 $ 9,943 Swiss francs ? 9,943 1 = 9,096.981 1.093 2 Suppose one U.S. dollar can purchase 126 yen today. If the yen depreciates by 6% tomorrow, how many yen could one U.S. dollar buy tomorrow? Today $1=126 Tomorrow $1 =0.06 126 =7.56 7.56+ 126=133.56 yen $1 will buy 133.56 yens tomorrow 3. Venture capital is most appropriate to be the source of funding for which one of the following? Choose only one Seasonal production Daily operations for an established, profitable firm Bankruptcy reorganization New, high-risk venture Global expansion for an established, profitable firm 4. Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.1936 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 1.0053 euros. What is the cross-rate of euros to Swiss francs (Euro/SF)? Enter your answer rounded off to FOUR decimal points. Cross rate of Euro/SF = Euro/$ $/SF 1.003 1 = 0.8403 1 1.1936 5. In New York, you can exchange $1 for 0.8342 or 0.6171. Suppose that, in Berlin, 1 costs 1.1971. How much profit can you earn on $36,146 using triangle arbitrage? To get the triangle arbitrage we use either a. $ to to to $ or b .$ to to to $ a .$ to to to $ = $ to ; 361460.8342 = 30,152.9932 to : 30,152.9932/1.1971= 25,188.3662 to $ : 25,188.3662/0.6171 =$40,817.3168 b. .$ to to to $ . $ to :36,146 0.6171=22,302.6111 to : 22,302.6111 1.1971 =26,702.1494 to $: 36,702.1494/0.8342 =32,009.2896 We make a profit of $ 4,671.3168 (40,817.3168 -36,146) 6. Which one of the following terms is defined as an underwriting for which the underwriters assume full responsibility for any unsold shares? Firm commitment underwriting Best efforts underwriting Private placement Rights offer Initial public offering 7. Suppose it takes 1.17 U.S. dollars today to purchase one British pound today. Currency forecasters predict that the U.S. dollar will depreciate by 2% against the pound over the next 30 days. What is the Euro/US Dollar exchange rate in 30 days? That is, how many euros can 1 dollar buy in 30 days? $1.17 = 1 British pound today After 30 days, U.S. dollar will depreciate by 2% against the pound 1.02 1.17 = 1 $1.1934 Euros that 1 dollar can buy after 30 days? $1.1934 = 1 British pound $1 ? Euro/US Dollar =0.8379 $1 = euros 0.83794 8. You can exchange $1 for either C$1.1712 or 119.62. What is the cross rate between the Japanese yen and the Canadian dollar? That is, solve for per C$. Cross rate of Japanese yen and the Canadian dollar = /C$ = /$ $/C$ = 119.62 1. 1 1.1712 = 102.1346 9. Your friend from Germany has decided to come and visit you in the United States. You estimate the cost of her trip at $3,671. What is the cost to her in euros if the U.S. dollar equivalent of the euro is 1.3123? $ 1 = 1.3123 $3,671 ? $ 3,671 1.3123/1 = euros 4,817.4533 10. ABC Underwriters retains the difference between its buying price and its offering price on new securities. What is this amount called? Commission Offer Spread Rights price Markup 11. Currently, you own 10% of the outstanding stock of ABC Company. The company has decided to issue additional shares of stock and has given you the first option to purchase 10% of those additional shares. Which one of the following will you be participating in if you opt to purchase the shares you have been offered? Rights offer Red herring offer Private placement IPO General cash offer 12. Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.2438 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 0.9459 euros. What is the cross-rate of Swiss francs to euros (SF/Euro)? Enter your answer rounded off to FOUR decimal points. Cross rate of Swiss francs to euros= SF/Euro =SF/$ $/euro 1.2438/1 1/0.9459 = SF/Euro 1, 3149 Exchange rate of Swiss francs to euros is 1, 3149 13. Which one of the following is the name given to a registration of securities under SEC 415 which permits a firm to issue the securities over a two-year period? Negotiated registration Shelf registration Delayed registration Seasoned registration Extended registration 14.You just returned from a trip to Venezuela and have 2,919 bolivaresfuertes in your pocket. How many dollars will you receive when you exchange this money if the U.S. dollar equivalent of the bolivaresfuertes is 0.1721? $ 0.1721 = 1 bolivaresfuertes ? 2,919 bolivaresfuertes 2,919 0.1721 1 = $ 509.3599 15. Suppose it takes 1.36 U.S. dollars today to purchase one British pound today. Currency forecasters predict that the U.S. dollar will depreciate by 18% against the pound over the next 30 days. What is the U.S. dollar/Euro exchange rate in 30 days? . $ 1.36 = 1 British pound 1.18 1.36= 1.6048 Us dollar/Euro is 1.6048