Last year, $100 million in outstanding bank loans to a developing nations government were not renewed, and the developing nation's government paid off 52 million in maturing government bonds that had been hel bu foreign residents. During that year, however, a new group of foreign banks participated in a $104 million loan to help finance a major government construction project in the capital city. Domestic firms also issued $42 million in bonds and $62 million in stocks to foreign investors. all of the stocks issued gave the foreign investors more than 10 percent shares of the domestic firms. calculate the gross foreign investment in the nation last year. $___ million calculate the net foreign investment in the nation last year. $___ million
Last year, $100 million in outstanding bank loans to a developing nations government were not renewed, and the developing nation's government paid off 52 million in maturing government bonds that had been hel bu foreign residents. During that year, however, a new group of foreign banks participated in a $104 million loan to help finance a major government construction project in the capital city. Domestic firms also issued $42 million in bonds and $62 million in stocks to foreign investors. all of the stocks issued gave the foreign investors more than 10 percent shares of the domestic firms. calculate the gross foreign investment in the nation last year. $___ million calculate the net foreign investment in the nation last year. $___ million
Microeconomics A Contemporary Intro
10th Edition
ISBN:9781285635101
Author:MCEACHERN
Publisher:MCEACHERN
Chapter21: Economic Development
Section: Chapter Questions
Problem 4QFR
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Last year, $100 million in outstanding bank loans to a developing nations government were not renewed, and the developing nation's government paid off 52 million in maturing government bonds that had been hel bu foreign residents. During that year, however, a new group of foreign banks participated in a $104 million loan to help finance a major government construction project in the capital city. Domestic firms also issued $42 million in bonds and $62 million in stocks to foreign investors. all of the stocks issued gave the foreign investors more than 10 percent shares of the domestic firms.
calculate the gross foreign investment in the nation last year. $___ million
calculate the net foreign investment in the nation last year. $___ million
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