FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In 2019, Salalah international company made a call option contract with bank Muscat to buy a 3659561 USD for one year at 0.3812 OMR/USD. In

image text in transcribed
In 2019, Salalah international company made a call option contract with bank Muscat to buy a 3659561 USD for one year at 0.3812 OMR/USD. In 2020, The company executed the call option contract and made a net profit 18388. based on the above information determine the actual rate of OMR/USD that the company executed it. Select one: O a. 0.3862 OMR/USD O b. All the given choices are not correct O c. 0.3745 OMR/USD d. 0.3902 OMR/USD Oe. 0.3762 OMR/USD

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Wealth Inequality Asset Redistribution And Risk Sharing Islamic Finance

Wealth Inequality Asset Redistribution And Risk Sharing Islamic Finance

Authors: Tarik Akin , Abbas Mirakhor

1st Edition

3110583739, 3110583887, 9783110583885

More Books

Students also viewed these Finance questions

Question

★★★★★
The Southern Atlantic Railroads rail network covers most of the U.S. Middle Atlantic and Southeast region. On a daily basis it sends empty freight cars from various locations in its rail network to...

Answered: 1 week ago

Question

★★★★★
Identify the key participants in a supply chain

Answered: 1 week ago

Question

★★★★★
Which options make valid assumptions about the future? Are feasible? Contain acceptable business risks? And are attractive to stakeholders?

Answered: 1 week ago

Question

★★★★★
a. Using the AIRPORT KLX Table, describe an example that illustrates the insertion anomaly. b. Using the AIRPORT KLX Table, describe an example that illustrates the deletion anomaly. c. Using the...

Answered: 1 week ago

Question

★★★★★
pls help its okay u can forget about the first question SRI an outstanding of perpetual preferred to with vidend of $8.50 per share the required return on this preferred wot what price should the...

Answered: 1 week ago

Question

★★★★★
Raleigh Research, a taxpaying entity, estimates that it can save $29,000 a year in cash operating costs for the next 8 years if it buys a special-purpose eye-testing machine at a cost of $115,000. No...

Answered: 1 week ago

Question

★★★★★
Demonstrate which molecules will not form enan Homes 0 HO CI HZD -7 ) Br Br Lill Me 3 H20 Natts 14 Br Shorwe bou enantiomers, ale o are not formed for each

Answered: 1 week ago

Question

★★★★★
Streets in Bellevue are maintained by Public Works Division; "Street Maintenance." Public Works administrators are planning the workforce of this division for next year. Labor hour requirements for...

Answered: 1 week ago

Question

★★★★★
An escape game requires that playen solve various puzzles to obtain otjecis that will aid them in estaping in one such puzzle, players are given an array of integers and a set of rules to follow in...

Answered: 1 week ago

Question

★★★★★
The goal of supply chain management is to synchronize supply and demand of all of the organizations that are part of the chain. True False

Answered: 1 week ago

Question

★★★★★
2 (a) Sketch the graph of the function, highlighting the part indicated by the given interval. y= 2 arctan(x), [0, 5] Consider the following. 3 2 29 24

Answered: 1 week ago

Previous Question Next Question