Chegg Company, a U. S.-based company, borrows 4,500,000 Euros on January 1, Year 1, at an interest rate of 5.5% to finance the construction of a new branch in Spain. Construction is expected to take 9 months and cost euro 4,500,000. Chegg temporarily invests euro borrowed until cash is needed to pay costs. Interest earned in the first quarter of Year 1 is 4,000 euro. During the first quarter of Year 1, expenditures of euro 1,000,000 are incurred; the weighted-average expenditures are euro 800,000. Chegg will repay the borrowing plus interest on September 30, Year 1, by converting U. S. dollars into euro. The U. S. dollar/euro exchange rate was $1.1 on January 1, Year 1, and $1.20 on March 31, Year 1. The change in exchange rate is the result of the difference in interest rates in the United States and Europe. Required: Determine the amount of borrowing costs (in U. S. dollars) that Company should include in the cost of the new branch at March 31, Year 1, according to IFRS and US GAAP.

A) plot the m1 and m2 money stock in the us from 1990-2015. (hint: you may use the data tools provided by fred.) (b) plot the nominal interest rate from 1960 to 2014. (hint: you can either use the daily interest rates for selected u.s. treasury, private money market and capital market instruments from or the effective federal funds rate fromfred.) (c) the consumer price index (cpi) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. intuitively, the cpi represents the cost of living or the average price level. plot the cpi from 1960 to 2013.(d) the inflation rate is the yearly percentage change in the average price level. in practice, we usually use the percentage change in the cpi to compute the inflation rate. plot the inflation rate from 1960 to 2013.(e) explain the difference between the ex-ante and ex-post real interest rate. use the fisher equation to compute the ex-post real interest rate. plot the nominal interest rate and the ex-post real interest rate from 1960 to 2013 in the same graph.

During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak

Which statement best describes entrepreneurship aitmakes people very rich b it relies on large financial investments c it is only possible in the retail industry d it requires creativity and ambition