1. Charlie is a currency trader and has in inventory 105000 Euros that he purchased for $1.13 per Euro. The Euro is now trading at $1.50. What is Charlie's profit or loss on this currency trade? $ Place your answer in numbers of dollars of profit or loss.
2. Show the two sources of risk (systematic and unsystematic) in a graph where the X-axis = n = number of assets in the portfolio.
3. Comp X paid $420 in dividends and $611 in interest expense. the addition to retained earnings is $397.74 and net new equity is $750. the tax rate is 34%. sales are $6250 and depreciation is $710. What are the EBIT?