Assume that the current exchange rate between $ and russian ruble is 30rb/$. the russian central bank announces that ruble will not get weaker than 40rb/$ during the next year. assume that one-year ruble interest rate is 10% and one-year $ interest rate is 5%. do you find the central bank’s announcement credible? explain. (hint: what does uncovered interest parity (uip) suggest for the future spot rate? ) (show your calculations! )

Goods and services that can be used for the same purpose are and goods and services that are used together are

Information on gerken power co., is shown below. assume the company’s tax rate is 40 percent. debt: 9,400 8.4 percent coupon bonds outstanding, $1,000 par value, 21 years to maturity, selling for 100.5 percent of par; the bonds make semiannual payments. common stock: 219,000 shares outstanding, selling for $83.90 per share; beta is 1.24. preferred stock: 12,900 shares of 5.95 percent preferred stock outstanding, currently selling for $97.10 per share. market: 7.2 percent market risk premium and 5 percent risk-free rate. required: calculate the company's wacc. (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) wacc %

Conor is 21 years old and just started working after college. he has opened a retirement account that pays 2.5% interest compounded monthly. he plans on making monthly deposits of $200. how much will he have in the account when he reaches 591 years of age?