If the exchange rate between the U. S. dollar and the Canadian dollar is 1:1.3,
which of the following is true?

A. A $5 item costs three times as much in Canada as it does in the
United States.

B. It costs more to buy a $5 item in Canada than it does in the United
States.

C. A $5 item costs three times as much in the United States as it
does in Canada.

D. It costs less to buy a $5 item in Canada than it does in the United
States.

The treasurer for pittsburgh iron works wishes to use financial futures to hedge her interest rate exposure. she will sell five treasury futures contracts at $139,000 per contract. it is july and the contracts must be closed out in december of this year. long-term interest rates are currently 7.30 percent. if they increase to 9.50 percent, assume the value of the contracts will go down by 20 percent. also if interest rates do increase by 2.2 percent, assume the firm will have additional interest expense on its business loans and other commitments of $149,000. this expense, of course, will be separate from the futures contracts. a. what will be the profit or loss on the futures contract if interest rates increase to 9.50 percent by december when the contract is closed out

Use this image to answer the following question. when the economy is operating at point b, the us congress is most likely to follow

During 2016, nike inc., reported net income of $3,760 million. the company declared dividends of $1,022 million. the closing entry for dividends would include which of the following? select one: a. credit cash for $1,022 million b. credit dividends for $1,022 million c. debit net income for $1,022 million d. credit retained earnings for $1,022 million e. debit dividends for $1,022 million