Assume that 90-day u. s. securities have a 3.7% annualized interest rate, whereas 90-day canadian securities have a 4.2% annualized interest rate. in the spot market, 1 u. s. dollar can be exchanged for 1.50 canadian dollars. if interest rate parity holds, what is the 90-day forward rate exchange between u. s. and canadian dollars (in terms of canadian dollars per u. s. dollar)?

Why entrepreneurs start businesses. a) monopolistic competition b) perfect competition c) sole proprietorship d) profit motive

Royal motor corp. generates a major portion of its revenues by manufacturing luxury sports cars. however, the company also derives an insignificant percent of its annual revenues by selling its sports merchandise that includes apparel, shoes, and other accessories under the same brand name. which of the following terms best describes royal motor corp.? a. aconglomerate b. a subsidiary c. adominant-businessfirm d. a single-business firm

Happy foods and general grains both produce similar puffed rice breakfast cereals. for both companies, thecost of producing a box of cereal is 45 cents, and it is not possible for either company to lower their productioncosts any further. how can one company achieve a competitive advantage over the other?