This Morning, You Purchased 125,000 Yen Ahead 6 Months at a Price

question 10

Multiple Choice

This morning, you purchased 125,000 yen ahead 6 months at a price of 130 yen per dollar. The spot rate today is 128 yen per dollar. In six months, how many dollars must you pay to acquire the 125,000 yen?

• A) $0
• B) $961.54
• C) $976.56
• D)$968.99

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Definitions:

Sprouting

The process of new growth, such as the emergence of new roots, shoots, or buds, in plants or the growth of new nerve fibers in the body.

Growth of New Dendrites

The biological process where neurons develop new dendritic extensions, enhancing the brain's ability to form connections and learn.

Brain Locations

The specific areas or regions within the brain, each responsible for different functions, such as movement, emotion, and cognition.

Brain Injuries

Physical damage to the brain, either from trauma, a medical condition, or exposure to substances, which can affect cognitive, physical, emotional, and behavioral functions.