2. Japanese yen (JPY) pairs are quoted with 2 decimal places. Given that currency pairs AUD/JPY andUSD/JPY, if the AUD/JPY is quoted as 80.30, then calculate how much is 1 pip?

3.Hooker Furniture company had a total equity of $10,000,000 and total debt of $95,000,000. The cost of equity was 22% while the cost of debt was 9%. Given the tax rate to be 25%, Find WACC.

4.New Delhi Emeralds Co paid its shareholders dividends of $0.92 in year 2019 and $1.08 in 2020. The expected returns were 45%. Find the current price of the company's stock or P0.

Answer rating: 100% (QA)

2 Calculating 1 pip for AUDJPY For JPY pairs with 2 decimal places 1 pip is typically the second dec... View the full answer