QUESTION 1

You can exchange $1 for either C$1.0532 or 139.25. What is the cross rate between the Japanese yen and the Canadian dollar? That is, solve for per C$.

Enter your answer rounded off to two decimal points.

1 points

QUESTION 2

The exchange rate is 0.9981 Swiss francs per U.S. dollar. How many U.S. dollars are needed to purchase 1 Swiss franc?

Enter your answer rounded off to two decimal points. Do not enter $ in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.

1 points

QUESTION 3

ABC Company sells 4,959 chairs a year at an average price per chair of $155. The carrying cost per unit is $16.16. The company orders 563 chairs at a time and has a fixed order cost of $91 per order. The chairs are sold out before they are restocked. How many orders will company place if it follows the economic order quantity model?

Enter your answer rounded off to two decimal points. Do not enter comma in the answer box. For example, if your answer is 12.345 then enter as 12.35 in the answer box.

1 points

QUESTION 4

ABC Company sells 4,643 chairs a year at an average price per chair of $147. The carrying cost per unit is $16.67. The company orders 500 chairs at a time and has a fixed order cost of $47 per order. The chairs are sold out before they are restocked. What is the economic order quantity?

Enter your answer rounded off to two decimal points. Do not enter comma in the answer box. For example, if your answer is 12.345 then enter as 12.35 in the answer box.

1 points

QUESTION 5

You just returned from a trip to Venezuela and have 5,912 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 0.1815?

Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.

1 points

QUESTION 6

ABC Company sells 4,942 chairs a year at an average price per chair of $125. The carrying cost per unit is $15.33. The company orders 250 chairs at a time and has a fixed order cost of $52.7 per order. The chairs are sold out before they are restocked. What are the total carrying costs?

Enter your answer rounded off to two decimal points. Do not enter comma or $ in the answer box. For example, if your answer is 12.345 then enter as 12.35 in the answer box.

1 points

QUESTION 7

Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.201 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 1.0364 euros. What is the cross-rate of euros to Swiss francs (Euro/SF)?

Enter your answer rounded off to FOUR decimal points.

1 points

QUESTION 8

Suppose one U.S. dollar can purchase 156 yen today. If the yen depreciates by 9% tomorrow, how many yen could one U.S. dollar buy tomorrow?

Enter your answer rounded off to two decimal points. For example, if your answer is 12.345 then enter as 12.35 in the answer box.

1 points

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 $3,479. What is the cost to her in euros if the U.S. dollar equivalent of the euro is 1.3984?

1 points

QUESTION 10

The exchange rate is 0.9302 Swiss francs per U.S. dollar. How many U.S. dollars are needed to purchase 5,753 Swiss francs?

Enter your answer rounded off to two decimal points. Do not enter $ in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.

1 points

QUESTION 11

Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.2582 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 1.0539 euros. What is the cross-rate of Swiss francs to euros (SF/Euro)?

Enter your answer rounded off to FOUR decimal points.

1 points

QUESTION 12

ABC Company sells 4,903 chairs a year at an average price per chair of $128. The carrying cost per unit is $28.73. The company orders 420 chairs at a time and has a fixed order cost of $48 per order. The chairs are sold out before they are restocked. What are the total shortage costs?

Enter your answer rounded off to two decimal points. Do not enter comma or $ in the answer box. For example, if your answer is 12.345 then enter as 12.35 in the answer box.

1 points

QUESTION 13

In New York, you can exchange $1 for 0.8458 or 0.6456. Suppose that, in Berlin, 1 costs 1.1502. How much profit can you earn on $45,681 using triangle arbitrage?

Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 .

QUESTION 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

1 points

QUESTION 2

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?

	Seasoned registration
	Extended registration
	Shelf registration
	Delayed registration
	Negotiated registration

1 points

QUESTION 3

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

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

1 points

QUESTION 4

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

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

1 points

QUESTION 5

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

	Commission
	Offer
	Rights price
	Spread
	Markup

Save and Subm it QUESTION 1 1. You can exchange $1 for either C$1.0532 or 139.25. What is the cross rate between the Japanese yen and the Canadian dollar? That is, solve for per C$. Enter your answer rounded off to two decimal points. 1 points QUESTION 2 1. The exchange rate is 0.9981 Swiss francs per U.S. dollar. How many U.S. dollars are needed to purchase 1 Swiss franc? Enter your answer rounded off to two decimal points. Do not enter $ in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box. 1 points QUESTION 3 1. ABC Company sells 4,959 chairs a year at an average price per chair of $155. The carrying cost per unit is $16.16. The company orders 563 chairs at a time and has a fixed order cost of $91 per order. The chairs are sold out before they are restocked. How many orders will company place if it follows the economic order quantity model? Enter your answer rounded off to two decimal points. Do not enter comma in the answer box. For example, if your answer is 12.345 then enter as 12.35 in the answer box. 1 points QUESTION 4 1. ABC Company sells 4,643 chairs a year at an average price per chair of $147. The carrying cost per unit is $16.67. The company orders 500 chairs at a time and has a fixed order cost of $47 per order. The chairs are sold out before they are restocked. What is the economic order quantity? Enter your answer rounded off to two decimal points. Do not enter comma in the answer box. For example, if your answer is 12.345 then enter as 12.35 in the answer box. 1 points QUESTION 5 1. You just returned from a trip to Venezuela and have 5,912 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 0.1815? Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box. 1 points QUESTION 6 1. ABC Company sells 4,942 chairs a year at an average price per chair of $125. The carrying cost per unit is $15.33. The company orders 250 chairs at a time and has a fixed order cost of $52.7 per order. The chairs are sold out before they are restocked. What are the total carrying costs? Enter your answer rounded off to two decimal points. Do not enter comma or $ in the answer box. For example, if your answer is 12.345 then enter as 12.35 in the answer box. 1 points QUESTION 7 1. Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.201 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 1.0364 euros. What is the cross-rate of euros to Swiss francs (Euro/SF)? Enter your answer rounded off to FOUR decimal points. 1 points QUESTION 8 1. Suppose one U.S. dollar can purchase 156 yen today. If the yen depreciates by 9% tomorrow, how many yen could one U.S. dollar buy tomorrow? Enter your answer rounded off to two decimal points. For example, if your answer is 12.345 then enter as 12.35 in the answer box. 1 points 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 $3,479. What is the cost to her in euros if the U.S. dollar equivalent of the euro is 1.3984? 1 points QUESTION 10 1. The exchange rate is 0.9302 Swiss francs per U.S. dollar. How many U.S. dollars are needed to purchase 5,753 Swiss francs? Enter your answer rounded off to two decimal points. Do not enter $ in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box. 1 points QUESTION 11 1. Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.2582 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 1.0539 euros. What is the crossrate of Swiss francs to euros (SF/Euro)? Enter your answer rounded off to FOUR decimal points. 1 points QUESTION 12 1. ABC Company sells 4,903 chairs a year at an average price per chair of $128. The carrying cost per unit is $28.73. The company orders 420 chairs at a time and has a fixed order cost of $48 per order. The chairs are sold out before they are restocked. What are the total shortage costs? Enter your answer rounded off to two decimal points. Do not enter comma or $ in the answer box. For example, if your answer is 12.345 then enter as 12.35 in the answer box. 1 points QUESTION 13 1. In New York, you can exchange $1 for 0.8458 or 0.6456. Suppose that, in Berlin, 1 costs 1.1502. How much profit can you earn on $45,681 using triangle arbitrage? Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 . QUESTION 1 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 1 points QUESTION 2 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? Seasoned registration Extended registration Shelf registration Delayed registration Negotiated registration 1 points QUESTION 3 1. Which one of the following terms is defined as an underwriting for which the underwriters assume full responsibility for any unsold shares? Initial public offering Private placement Best efforts underwriting Rights offer Firm commitment underwriting 1 points QUESTION 4 1. Venture capital is most appropriate to be the source of funding for which one of the following? Choose only one Global expansion for an established, profitable firm New, high-risk venture Daily operations for an established, profitable firm Seasonal production Bankruptcy reorganization 1 points QUESTION 5 1. ABCUnderwriters retains the difference between its buying price and its offering price on new securities. What is this amount called? Commissi on Offer Rights price Spread Markup