The Present Value of the Series of Dollar Payments in a Currency

question 8

Multiple Choice

The present value of the series of dollar payments in a currency swap per $1 notional amount is $0.03.The present value of the series of euro payments in the same currency swap per €1 is €0.0225.The current exchange rate is $1.05 per euro.If the swap has a notional amount of $100 million and €105 million,find the market value of the swap from the perspective of the party paying euros and receiving dollars.

• A)$519,375
• B)-$2,480,625
• C)$3,000,000
• D)-$3,000,000
• E)-$519,375

Grasp Durkheim’s contributions to sociology, especially related to social solidarity, functions, and suicide.

Identify the roles of social structures at different levels (micro, macro, global) in shaping individual lives and societal dynamics.

Recognize sociology’s capacity to enhance personal development by offering insights into social opportunities and constraints.

Appreciate the historical and social contexts that nurture the development of sociology.

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Definitions:

Safety and Security

Basic human needs that involve being free from harm and threat, including protection of one's health and property.

Belongingness

The human emotional need to be an accepted member of a group, feeling of connection and acceptance within a social framework.

Esteem

A term that denotes respect and admiration, typically for a person or an entity's qualities or achievements.

Self-actualization

The realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone.