Answered step by step
Verified Expert Solution
Question
1 Approved Answer
in Thailand has an account payable denominated in the Thai bhat. T lier has asked the Thai firm to pay the account 27. A firm
in Thailand has an account payable denominated in the Thai bhat. T lier has asked the Thai firm to pay the account 27. A firm scheduled, and has offered the Thai company a discount to do so. unwillingly to pay early. In this ts payable earlier than currently The Thai firm is circumstance, it most likely that a. both the Thai firm and the U.S. firm expect the Thai bhat to appreciate. b. both the Thai firm and the U.S. firm expect the Thai bhat to depreciate. c. the U.S. firm expects the Thai bhat to appreciate and the Thai firm expects the bhat to depreciate. None of the above. d. 28. Where should you invest your excess money for 90 days assuming the following Interest rate in the U.S. Interest rate in Canada Interest rate in Germany Spot rate (90 day forward rate) Spot rate (90 day forward rate) 696 .. 890 .. 7% .. $1.20/euro ($1.198/euro) CS.75/S (CS.755/S) a. U.S b. Germany c. Canada d. All countries offer the same yield 29. Which of the following is not an advantage provided to MNEs by a central depository a. obtaining information b. holding less precautionary cash balances c. reducing interest rate costs d. All are advantages 30. Unbundling of fund transfers from foreign subsidiaries to the parent may result because a. Subsidaries prefer to transfer smaller sums of money at any given time. b. Parents prefer several separate smaller receipts of funds for accounting purposes c. Parent may want to avoid the appearance of excessive cash drains from a much smaller host country None of the above. d
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started