Perkins corp. will receive 250,000 jordanian dinar (jod) in 360 days. the current spot rate of the dinar is $1.48, while the 360-day forward rate is $1.50. how much will perkins receive in 360 days from implementing a money market hedge (assume any receipts before the date of the receivable are invested)

A. Time-Series data

B. Cross-sectional data

C. Cross-sectional data

D. Time-Series data

Explanation:

For Your Understanding:

If the time period is single then use Cross-sectional data.

If their are multiple time periods then use time-series.

A. To determine whether or not the enrollment in higher education is increasing we will use time-series data because enrollment of students is a periodical event and occurs every year. So this means periodic study would be better with time-series data.

B. For comparing the current price of a gallon of gasoline across different gas stations in Los Angeles, CA: we are considering prices in a single time period. Thus the we will use cross-sectional data.

C. For finding see any differences in the average number of calories contained in school lunches served in each of the fifty states on December 1, 2015: we are considering a single time period. Thus we will use here cross-sectional data.

D. To find out the insect population and comparing them with insect population in a geographic region before and after insecticide was used: we will consider two time periods. As the time periods are more than one, hence we will use time-series data here.