Use the Information for the Question(s)below

question 1

Multiple Choice

Use the information for the question(s) below.
You are a U.S.investor who is trying to calculate the present value of £5 million cash inflow that will occur one year in the future.The spot exchange rate is S = $1.8839/£ and the forward rate is F1 = $1.8862/£.The appropriate dollar discount rate for this cash flow is 5.32% and the appropriate £ discount rate is 5.24%.
-The present value of the £5 million cash inflow computed by first discounting the £s and then converting into dollars is closest to:

• A)$8,961,420.
• B)$8,950,495.
• C)$8,954,615.
• D)$8,943,695.

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Definitions:

Social Basis

The underlying relationships and structures within a society that form its foundation and influence its social dynamics.

Sexuality

The way individuals experience and express themselves sexually, including their sexual preferences, identities, and behaviors.

Symbolic Interactionists

Theorists who focus on how individuals interact with each other through symbols, language, and communication, shaping social reality.

Norms

The informal rules that govern behavior within a society or group, guiding what is considered acceptable or unacceptable conduct.