Your company expects to receive 5,000,000 japanese yen 60 days from now. you decide to hedge your position by selling japanese yen forward. the current spot rate of the yen is $.0089, while the forward rate is $.0095. you expect the spot rate in 60 days to be $.0090. how many dollars will you receive for the 5,000,000 yen 60 days from now?

answer:

you decide to hedge your position by selling japanese yen forward. the current spot rate of the yen is $.0089, while the forward rate is $.0095. you expect the spot rate in 60 days to be $.0090. how many dollars will you receive for the 5,000,000 yen 60 days from now? a.$44,500. b.$45,000. c.$526 million. d.$47,500.

explanation:

the correct answer is:

it required the president to inform congress within forty-eight hours of any new troop commitment.

the war powers resolution (1973) is a federal law designed to limit the u.s. president’s ability to initiate or intensify military actions abroad without the approval of the congress.

it establishes that the president can send armed forces into action abroad only by declaration of war by congress, statutory authorization, or in case of a national emergency created by attack upon the united states, its territories or possessions, or its armed forces.

it requires the president to notify congress within 48 hours of sending armed forces to military action.

b $274.07

step-by-step explanation:

you just devide 222 by 0.81