Consider the market for U. S. dollars where the price of a dollar is given in terms of Turkish lira. For each scenario, determine whether the dollar will appreciate or depreciate. Hold everything constant except the change that is being described. a. U. S. electronics become much more popular after a new movie technology is developed.
b. As part its policy to increase employment in the U. S., the Federal Reserve cuts interest rates by 25 basis points.
c. Shots of powerful Turkish Espresso become the rage in Hookah bars in the U. S.
d. The most recent global economic report indicated that average incomes in Turkey grew 5 percent while U. S. incomes grew by just 3 percent.
e. In 2012, inflation in Turkey was 8 percent while inflation in the U. S. was 2.5 percent.

If a company’s employees are angry about their work, a visiting auditor may also become agitated, illustrating the power of

He taylor company sells music systems. each music system costs the company $100 and will be sold to the public for $250. in year one, the company sells 100 gift cards to customers for $250 each ($25,000 in total). these cards are valid for just one year, and company officials expect them to all be redeemed. in year two, only 96 of the cards are returned. what amount of net income does the company report for year two in connection with these cards? a. $15,000b. $15,400c. $15,500d. $15,800

Burke enterprises is considering a machine costing $30 billion that will result in initial after-tax cash savings of $3.7 billion at the end of the first year, and these savings will grow at a rate of 2 percent per year for 11 years. after 11 years, the company can sell the parts for $5 billion. burke has a target debt/equity ratio of 1.2, a beta of 1.79. you estimate that the return on the market is 7.5% and t-bills are currently yielding 2.5%. burke has two issuances of bonds outstanding. the first has 200,000 bonds trading at 98% of par, with coupons of 5%, face of $1000, and maturity of 5 years. the second has 500,000 bonds trading at par, with coupons of 7.5%, face of $1000, and maturity of 12 years. kate, the ceo, usually applies an adjustment factor to the discount rate of +2 for such highly innovative projects. should the company take on the project?