Ima safer, who recently graduated from college and got a full-time job, has prepared her first personal budget and found a pleasant surprise. after taking into account her expected monthly income and all of her ordinary expenses, including the monthly payment on her credit card, she should have some money left over. if ima is like most young people who are just starting out, the best thing for her to do with the extra money would be to:

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Jaguar has full manufacturing costs of their s-type sedan of £22,803. they sell the s-type in the uk with a 20% margin for a price of £27,363. today these cars are available in the us for $55,000 which is the uk price multiplied by the current exchange rate of $2.01/£. jaguar has committed to keeping the us price at $55,000 for the next six months. if the uk pound appreciates against the usd to an exchange rate of $2.15/£, and jaguar has not hedged against currency changes, what is the amount the company will receive in pounds at the new exchange rate?

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