Business, 18.03.2021 01:20 fancycar14

The investor decided to sell a combination of his/her collected Euro, Canadian Dollar and Bitcoin currencies. In exchange, (s)he will receive US dollars. However there are fair trade limitations in North America. According to these limitations, you can only make a single transaction daily. In that transaction, the limitation for these 3 currencies are as follows. You can sell at most 10 Bitcoins a dayYou can sell at most 500 Euros a dayYou can sell at most 1000 Canadian Dollars a dayThe Canadian dollars to sell must be less than or equal to Euros to sellAltogether, you can sell at most a total number of 1500 currenciesAssuming that the closing currency rates of Feb 15th 2021 are valid when the investor performs the selling transaction, how many Euros, Canadian dollars and Bitcoins should the investor sell to maximize his/her profit in terms of US dollars?Define your decision variables, the objective function, constraints and interpret the result. What is the revenue in US dollars from this transaction?If the investor wants to write to his/her congress representative to place a new policy to increase the bounds of the fair trade by a single unit in one of these 3 currencies, which currency (s)he should choose? Justify your answer with evidence. Use yahoo finance to find the closed currency rate (weekly) Bitcoin=(BTC-USD)Canadian Dollar Futures, Mar-202 (6C=F)EUR/USD (EURUSD=X)

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 12:00

Identify at least 3 body language messages that project a positive attitude

Answers: 2

Answer

Business, 22.06.2019 19:00

The market demand curve for a popular teen magazine is given by q = 80 - 10p where p is the magazine price in dollars per issue and q is the weekly magazine circulation in units of 10,000. if the circulation is 400,000 per week at the current price, what is the consumer surplus for a teen reader with maximum willingness to pay of $3 per issue?

Answers: 1

Answer

Business, 22.06.2019 23:40

Gif the federal reserve did not regulate fiscal policy, monitor banks and provide services for banks, what would most likely be the economic conditions to transact business in the u.s.? the economy would primarily be based on a barter system rather than a fiat system. there would be no discrimination in lending by local banks. the economy would be less efficient and transactions most likely more costly.

Answers: 1

Answer

Business, 23.06.2019 00:00

Which of the following statements is correct? a major disadvantage of a partnership relative to a corporation is the fact that federal income taxes must be paid by the partners rather than by the firm itself. in a typical partnership, liability for other partners’ misdeeds is limited to the amount of a particular partner’s investment in the business.true in a limited partnership, the limited partners have voting control, while the general partner has operating control over the business, and the limited partners are individually responsible, on a pro rata basis, for the firm’s debts in the event of bankruptcy. partnerships have more difficulty attracting large amounts of capital than corporations because of such factors as unlimited liability, the need to reorganize when a partner dies, and the illiquidity of partnership interests.

Answers: 1

Answer

You know the right answer?

The investor decided to sell a combination of his/her collected Euro, Canadian Dollar and Bitcoin cu...

Questions