believes the New Zealand dollar will appreciate over the next five days from $.50 to $.53. The following annual interest rates apply: Currency Lending Rate Borrowing Rate Dollars 5.10% 5.50% New Zealand dollar (NZ$) 6.50% 7.20% George Soros has the capacity to borrow either NZ$10 million or $5 million. If Soros’ forecast is correct, what will be the dollar profit from speculation over the five day period (assuming he does not use any of its existing consumer accounts to capitalize on its expectations)? A) $521,325. B) $500,520. C) $413,419. D) $300,965. E) $208,044.

Lindon company is the exclusive distributor for an automotive product that sells for $30.00 per unit and has a cm ratio of 30%. the company’s fixed expenses are $162,000 per year. the company plans to sell 20,200 units this year. required: 1. what are the variable expenses per unit? (round your "per unit" answer to 2 decimal places.) 2. what is the break-even point in unit sales and in dollar sales? 3. what amount of unit sales and dollar sales is required to attain a target profit of $72,000 per year? 4. assume that by using a more efficient shipper, the company is able to reduce its variable expenses by $3.00 per unit. what is the company’s new break-even point in unit sales and in dollar sales? what dollar sales is required to attain a target profit of $72,000?

Interest is credited to a fixed annuity no lower than the variable contract rate contract guaranteed rate current rate of inflation prime rate

Why is investing in a mutual fund less risky than investing in a particular company’s stock?