Suppose That You Expect During the Next Year the Dollar

question 94

Multiple Choice

Suppose that you expect during the next year the dollar will appreciate against the pound from 0.5 pound to the dollar to 0.75 pound to the dollar. How much will you expect to make on an investment of $10,000 in British government securities that will mature in one year and pay interest of 8%?

• A)-59.5%
• B)-28%
• C)8%
• D)28%

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Definitions:

Friendships

Relationships based on mutual trust, affection, and support between two or more people.

Close

To shut something or bring to an end; it can also refer to the physical proximity or the relationship closeness between individuals.

Ambivalent

Having mixed feelings or contradictory ideas about something or someone.

Adult Children

Individuals who are legally adults but may be dependent on their parents emotionally or financially, often in the context of discussing familial relationships.