Anybody know how to solve this?? Been trying to solve it countless of times... Thanks..?
You are given $1million to invest in Fixed Deposits. Given the information,Interest rates: AUD
3-mth (pa) 4.21%
Foreign Exchange Rate
(SGD per section of foreign currency)
Spot rate 1.0417
3mth forward rate 1.0005
How do u calculate the total returns if u be to invest in AUD FD, using SGD funds?
Thanks within advance..
*I'm totally hopeless surrounded by my calculations, be trying very easier said than done to solve it.. hope somebody out there can solve this Q.. Btw, the ans for this is SGD$970,557.99.
Regards,
Janice
Answers: 1000000./1.0417=959969.28X.0421=10103.68...
For how long are you investing the funds? One year?
Ten years?
Do You Think The FREE Market System Is Better?
ATTENTION:The FREE market system have been the mode of financial behavior in the USA-The UK-& most European countries.
But here surrounded by The USA, with the rising chasm between the Rich and the Poor expanding.
This system seem detrimental for the poor. And a nightmare for anyone to survive, who is not wealthy or rich.
BringBaka.
NYC
Answers: The free marketplace system is by far the most efficient. The attraction of the socialist/communist system is that, abstractly, everyone gets one and the same sized "piece of the pie." However, the pie is much larger in the free bazaar system.
It is unfortunate that nearby are poor. But it is much better to be poor in the U.S. than within Russia, China or Cuba. And the poor don't always stay poor, especially surrounded by free countries. Many of today's middle and upper class were once poor.
In enhancement, the free market give you the most freedom, and the most opportunity to make your own choices and be the best that you can be.
the free souk is the system whereby there is the greatest possibility of achieve equilibrium and prevent inefficiency. however, note that adjectives the points you mentioned are part of what economist give the name market dud, which have to be address by Government intervention
note that consumer sovereignty is the chief advantage of open market system. it may seem undue to those who are not able to afford but than if a command discount was contained by place instead than red tape and bureaucracy would effect more problems of wastage and inefficient use of scarce resources. it is therefore the consenses that the mixed reduction would be a good match.
the market take care of most things and areas whereby it fail, the Government steps in to intervene
Poor countries are poor because the those that live there don't own the kind of instruction (the kind you draw from at home and the kind you receive at school) it takes to be rich.
A souk economy simply is more modernized than other types. It will adjust faster to changes (both up and down), but it's usually not what make a country rich or poor.
Recently a study shocked (socialistic) Sweden. This study showed that the standard of living for the average Swede was indistinguishable as the average standard of living for an African American family surrounded by America.
A similar study showed that the poor in America live within larger spaces than the AVERAGE European.
How poor can people really be when they live contained by a 900 sq. foot home, have a vehicle, have cable, and are overweight?
This also assumes that we live contained by a truly free market, which we don't. There is greatly of manipulation by both government and private interests, and none of those interests favor the poor or the workers.
Here's an example going on right presently:
The fed keep cutting rates. This is a manipulation of the income markets. The theory is to bail out the financial sector for a ton of bad bets that they made concerning housing and a lot of other things (just lurk for the CDS wave to hit). The network effect of this may or may not save the bank, but it DEFINITELY increases inflation and lowers the rate of return on savings accounts and bonds. So immediately little guys who try to save their money suffer while immense institutions that took extreme risks are bailed out because their failure represents a threat to the system as a full.
I'm not saying that the feed is doing the right or wrong thing, because not a soul in their right minds is looking forward to a collapse of the American cutback, but all the steps that are human being taken do serve to hurt the little guy.
The concept of a completely free market is a pretend. It's more useful to try to integer out who is manipulating what and for what purpose.
Well, I guess the choice is for most of us to be equally poor, or adjectives of us to be unequally rich. Numerous studies own shown the standard of living of the "poor" in America to be surprisingly perfect.
http://www.heritage.org/Research/Welfare...
87 percent have nouns conditioning, 62 percent cable, 3/4 own a car, 97% color TV, etc.
Check that against the poor surrounded by the former Soviet Union, or in the former Communist Romania, or Cuba, or North Korea, where on earth the poor are truly starving (unlike our poor, who enjoy a tendency towards person obese).
It's easy to complain roughly the chasm between poor and rich, but many hold argued, in expressions of life experience, the notch is narrowing. You can't look at it in only terms of dollars. A rich character might drive around in a Mercedes or Jaguar, while a "poor" character might drive around in a used Honda Civic, but what is the difference contained by experience? Yes, the Jaguar might handle better, get the impression more luxurious, but compare that to a person driving a Mercedes to a being who has to way of walking. That is a much more dramatic contrast in life span experience. Having to cook at home vs being competent to go to finer restaurants every dark, is not near as dramatic as one entity being powerfully fed while another family circle cannot feed their children and shift hungry.
So, the poor in this country, for the most subdivision, have a place to stay i.e. not cramped, are well feed, have fry and air conditioning (much of Europe lacks nouns conditioning), a car, refidgerator, TV and cable. To be honest, for a man who's worked his mode up through a Master's degree (part time student while working), I find a little frustrated when I see my lifestyle person little different than those who have made no stab whatsoever, to even secure a chore. Every time I go to Wal-Mart and see someone beside half the meat department surrounded by their buggy, pulling out various food aid cards and miscellaneous support programs to pay for it.
Yeah, I travel, and capture to go to Europe of somewhere nice once a year, but that's profoundly of work (college and working 50 hours a week) just so I can own a nicer vacation. I enjoy little sympathy for the poor here. Take a look at Communist North Korea.
What is online share marketing exactly?how transaction take place?and how to invest ,buy,and flog the shares?
i'm doing project in this title.Pls giv me detailed informations?how the share rates are updating? and how they find the company shares is going up or down?
Answers: Look at this excellent tutorial here:
Earlier we used to enjoy paper shares. A registered broker at the share open market bids for a share and he buys it on your behalf at the counter. He will physically get the share papers after one or two days and he will achieve you the same.
For online trading, the thesis shares are replaced with "dematerialized" or the paperless shares. The broker bids and seize the shares and then he dematerialises the shares and keep with him within electronic format. Whenever you want to sell it, you enter the trade button online and the broker sells the share on your behalf.