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What is in USD million dollar conversion? Below all number RMD to USD millions

Investment in securities (current asset): 1,442 RMD 2570 RMD

Investment in equity investees: 17,666 RMD 25,864 RMD

Investment in securities (long term): 3,023 RMD 11,285 RMD

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Related questions

Question 1.1. The risk that increased market interest rates will cause a decline in the value of an investment bank's holdings of long-term securities is known as (Points: 1)
credit risk.
interest-rate risk.
currency risk.
security risk.
Question 2.2. The difference between a savings deposit and a time deposit is (Points: 1)
time deposits pay no interest.
savings deposits pay no interest.
time deposits have specified maturities.
savings deposits have specified maturities.
Question 3.3. In banking, the spread refers to the difference between the (Points: 1)
the interest rate on long-term bonds and the interest rate on short-term bonds.
the interest rate on car loans and the interest rate on home mortgages.
the average interest rate earned on assets and the average interest rate paid on liabilities.
bid and asked prices on a bond.
Question 4.4. If you have a checking account at First National Bank, the account is (Points: 1)
an asset to both you and First National.
a liability to both you and First National.
an asset to First National and a liability to you.
an asset to you and a liability to First National.
Question 5.5. When investment banks buy or sell securities on their own account, it's called (Points: 1)
financial engineering.
proprietary trading.
underwriting.
factoring.
Question 6.6. An most important service provided by underwriters is (Points: 1)
lowering of information costs.
dealing with problems of moral hazard.
insuring firms against loss from fire.
insuring firms against loss from employee theft.
Question 7.7. The due diligence process is (Points: 1)
the process by which a firm chooses an investment bank.
when an investment bank researches a firm's value.
how an investment bank underwrites large issues.
the review of a prospectus by the SEC.
Question 8.8. Excess reserves equal (Points: 1)
total reserves less required reserves.
required reserves less total reserves.
total reserves plus required reserves.
required reserves divided by total reserves.
Question 9.9. To reduce the likelihood of excessive leverage in the banking system, governments have traditionally (Points: 1)
imposed capital requirements on commercial banks.
imposed capital requirements on investment banks.
imposed capital requirements on both commercial and investment banks.
imposed asset requirements on all banks.
Question 10.10. Any reserves beyond what is required are called (Points: 1)
required reserves.
excess reserves.
secondary reserves.
bank capital.

QUESTION 1

If a real asset located in Brazil is sold to someone in the US, the transaction would result in a credit in Brazil's balance of payments.

True

False

6.25 points

QUESTION 2

The balance of payments for a given nation records

only imports and exports of good and servies

only foreign direct investment and portfolio investments between nations

both imports and exporst of good and servieces as well as forein direct investment and portolio investments between nations
QUESTION 36.25 points

Transactions between Canada and the rest of the world are shown below. Use the following information to answer the next four questions.

Canadian citizens receive C$5 million worth of dividends from foreign investments.

Imperial Oil (Canadian firm) invests C$60 million in overseas oil discovery.

Foreign tourists spend C$45 million in Canada.

Canadian government sells C$20 million worth of treasury securities to foreign nations.

Alcan (Canadian firm) sells C$8 million worth of aluminum to US companies.

Canadian government buys C$32 million worth of gold.

Canadian firm buys C$12 million worth of computer components from Sony.

Canada sends C$4 million in aid to Mexico.

Ford spends C$30 million in constructing an assembly plant in Canada.

Find Canada's balance of trade. Enter your final answer in terms of millions of dollars. Do not enter a non-numerical value when inputting your answer.

6.25 points

QUESTION 4

Find the capital account balance (in millions of C$).

-39

19

70

6.25 points

QUESTION 5

Find Canada's current account balance. Enter your final answer in terms of millions of dollars. Do not enter a non-numerical value when inputting your answer.

6.25 points

QUESTION 6

Canada's capital account balance suggests that it is a net supplier of capital to the rest of the world.

True

False

6.25 points

QUESTION 7

Suppose a nation has a current account surplus. This surplus implies

ation

ation

none of the above

6.25 points

QUESTION 8

Suppose that the value of the dollar moves from £=$1.5 to £=$1.75. What effect would this have on the UK's balance of trade, all else being equal?

UK

UK

UK

6.25 points

QUESTION 9

There is an inverse relationship between the demand for US exports and the US inflation rate.

True

False

6.25 points

QUESTION 10

Transactions between Great Britian and the rest of the world are shown below. Use the following information to answer the next two questions.

British companies sell 50 million pounds worth of bonds to foreigners.

British government sells 20 million pounds of treasury securities to foreigners.

British citizens receive 2 million pounds in interest from foreign investments.

British companies buy 85 million pounds worth of American produced steel.

GlaxoSmithKline (British firm) sells 40 million pounds of pharmaceutical drugs abroad.

British government buys 15 million pounds of gold in FX market.

British bankers invest 12 million pounds in foreign banks.

Find Great Britian's balance of trade. Enter your answer in terms of millions of pounds. Do not use the pound sign or any other non-numerical value when inputting your answer.

and

Transactions between Great Britian and the rest of the world are shown below. Use the following information to answer the next two questions.

British companies sell 50 million pounds worth of bonds to foreigners.

British government sells 20 million pounds of treasury securities to foreigners.

British citizens receive 2 million pounds in interest from foreign investments.

British companies buy 85 million pounds worth of American produced steel.

GlaxoSmithKline (British firm) sells 40 million pounds of pharmaceutical drugs abroad.

British government buys 15 million pounds of gold in FX market.

British bankers invest 12 million pounds in foreign banks.

Find Great Britian's balance of trade. Enter your answer in terms of millions of pounds. Do not use the pound sign or any other non-numerical value when inputting your answer.

"In any economy, there is a multiplier as a dollar turns over and creates more dollars.

An important aspect of every economic development plan is figuring out how to create multipliers in the economy.

The 'win' to a state from creating and growing new advanced technology companies is the multiplier effect from new jobs, higher-than-average wages (in Oklahoma $73,395, compared to $38,235), and the leverage of public sector concept and seed-stage investment capital attracting private equity.

Whether you believe that the state has a role in creating new companies, it's a fact that capital attracts capital. Oklahoma has traditionally lacked early stage, or startup, funding for new ventures. That's why the Concept and Seed Capital Funds managed by i2E were created.

In 2009, there was $17 million in venture capital invested here; in 2013 that number was down to $8 million, with the majority of that being in deals in which i2E invested. From 2012 to 2013, the total venture capital investment dollars in the US grew about 7.5 percent. During this same period of time, venture capital invested in Oklahoma declined more than 50 percent.

There is virtually no other private sector venture capital available to Oklahoma entrepreneurs. The Concept and Seed Capital Funds not only help entrepreneurs get started, they prime the pump for follow-on rounds.

From 1999 to 2013, $10,844,477 in Concept Fund investment leveraged $198,439,722 in private capital investment.

The Seed Capital Fund, founded in 2008, during the worst recession of our nation's history, invested $5.6 million in 15 companies and achieved leverage of $22.7 million in co-investment.

Last year, 30 of our clients obtained $33 million in private equity.

When that funding is taken away (the Legislature just reduced the Seed Fund by $2 million) the state experiences a negative multiplier.

That -$2 million means that four to eight new companies won't get started in Oklahoma.

Considering the expanded impact of this negative multiplier, Oklahoma is missing out on the opportunity to leverage another $8 to $26 million in private equity and create more high-paying jobs that drive our state's economic growth.

Entrepreneurship is the core driver of Oklahoma's economic success. Our major corporate presence today - Devon Energy, Continental Resources, Chesapeake Energy, SandRidge Energy, Hobby Lobby, Sonic (the nation's largest chain of drive-ins, which began in 1953 as the Top Hat root beer stand in Shawnee), America Fidelity, Love's - are all businesses that started and grew here.

Our state has so much going for it. A climate that encourages entrepreneurship is what Oklahoma has always been about.

The economic multiplier works when we stay committed as a state and when we consistently feed the pipeline of startup companies.''

1. The article did not touch on fiscal policy, however, what are your thoughts and what can we assume given the numbers that were given in the article?

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