Assume that the interest rate on borrowings in Japan is 3 percent while the interest rate on bank deposits in a U. S. bank is 5 percent. Laura, an active currency trader, borrows in Japanese yen, converts the money into U. S. dollars and deposits it in a U. S. bank. Laura is engaging ina. price action trade
b. swing trade
c. carry trade
d. channel trade

Xinhong company is considering replacing one of its manufacturing machines. the machine has a book value of $39,000 and a remaining useful life of 5 years, at which time its salvage value will be zero. it has a current market value of $49,000. variable manufacturing costs are $33,300 per year for this machine. information on two alternative replacement machines follows. alternative a alternative b cost $ 115,000 $ 117,000 variable manufacturing costs per year 22,900 10,100 1. calculate the total change in net income if alternative a and b is adopted. 2. should xinhong keep or replace its manufacturing machine