Alpha Geek

(8)

$10/per page/Negotiable

About Alpha Geek

Levels Tought:
University

Expertise:
Accounting,Algebra See all
Accounting,Algebra,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Communications,Computer Science,Environmental science,Essay writing,Programming,Social Science,Statistics Hide all
Teaching Since: Apr 2017
Last Sign in: 438 Weeks Ago, 5 Days Ago
Questions Answered: 9562
Tutorials Posted: 9559

Education

  • bachelor in business administration
    Polytechnic State University Sanluis
    Jan-2006 - Nov-2010

  • CPA
    Polytechnic State University
    Jan-2012 - Nov-2016

Experience

  • Professor
    Harvard Square Academy (HS2)
    Mar-2012 - Present

Category > Business & Finance Posted 06 Aug 2017 My Price 7.00

An investment in China yields these expected after-tax renminbi cash flows (in billions).

An investment in China yields these expected after-tax renminbi cash flows (in billions).

 
 

year

CF

      
 

0

-500

      
 

1

150

      
 

2

300

      
 

3

250

      

You know the following financial variables

Required Return US

15.00%

      

Required Return China

11.745%

      

Expected Inflation US

6.0%

      

Expected Inflation China

3.0%

      

Spot Rate

$ 0.1400

      


Assume the international parity conditions hold. Calculate NPV by converting renminbi to dollars at expected future spot rates and discounting in dollars.

Answers

Alpha Geek
(8)
Status NEW Posted 06 Aug 2017 01:08 PM My Price 7.00

 I-----------f i-----------nte-----------rna-----------tio-----------nal----------- pa-----------rit-----------y h-----------old-----------s t-----------he -----------for-----------war-----------d r-----------ate----------- wi-----------ll -----------be -----------cal-----------cul-----------ate-----------d a-----------s u-----------nde-----------r. -----------(1+-----------Hom-----------e I-----------nfl-----------ati-----------on -----------Rat-----------e)/----------- (1-----------+ F-----------ore-----------ign----------- In-----------fla-----------tio-----------n R-----------ate-----------) =----------- Fo-----------rwa-----------rd -----------/ S-----------pot----------- Ex-----------pec-----------ted-----------

Not Rated(0)