Home / Expert Answers / Finance / a-square-sign-of-side-1-m-is-a-uniform-wooden-board-pqrs-the-sign-is-attached-to-a-vertical-wall-b-pa622

(Solved): A square sign of side 1 m is a uniform wooden board PQRS. The sign is attached to a vertical wall b ...



A square sign of side 1 m is a uniform wooden board

PQRS

. The sign is attached to a vertical wall by a hinge

P

so that

S

rests against the wall vertically below

P

. If the weight of the sign is 10 N , the force exerted by the hinge on the sign at

P

is A. 5 N B. 8.7 N C. 10 N D. 11.2 N Example 4.9 Some time ago, a South African company speculated on a drop in fixed-rate interest rates and swapped ZAR 10 m at

7%

p.a., semiannually and fixed, for ZAR 10 m at the six-month ZAR LIBOR. That is, the contract stipulates that every six months, the firm pays the six-month ZAR LIBOR rate on a notional ZAR IOm and receives

3.5%

on the same notional amount. Suppose that ZAR medium-term interest rates have fallen substantially below

7%

. The company feckons it has made a nice profit on its swap contract and wants to lock in the gain by selling the swap. the swan



We have an Answer from Expert

View Expert Answer

Expert Answer


We have an Answer from Expert

Buy This Answer $5

Place Order

We Provide Services Across The Globe