Оpen High Low Prior settlement Last trade Change Volume Swiss Franc, USD per CHF, 125,000 CHF June 2015 1.0781 1.0935 1.0770 1.0782 1.0924 +0.0142 18,325 Sept. 2015 1.0899 1.0975 1.0899 1.0824 1.0965 +0.0141 17 The table above presents information available on a given date that is 1.20 months before the expiration for the June contract. Estimate the Swiss Franc spot price in USD per CHF on that given date. $1.0914 $1.0835 $1.0765 $1.0728

Оpen High Low Prior settlement Last trade Change Volume Swiss Franc, USD per CHF, 125,000 CHF June 2015 1.0781 1.0935 1.0770 1.0782 1.0924 +0.0142 18,325 Sept. 2015 1.0899 1.0975 1.0899 1.0824 1.0965 +0.0141 17 The table above presents information available on a given date that is 1.20 months before the expiration for the June contract. Estimate the Swiss Franc spot price in USD per CHF on that given date. $1.0914 $1.0835 $1.0765 $1.0728

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Dealer 1 offers the following exchange rates: 1 USD = 1.195 CAD1 USD = 0.637 GBPDealer 2 offers the following exchange rates:1 CAD = 0.836 GBP What is the arbitrage profit on $10,903?
Argentino Peso (ARS) is quoted against USD at ARS 4.20100 = 1 USD and OMR against USD at OMR 0.385040 = 1 USD. (a) Determine the cross rate for ARS/OMR? (b) If you wanted to exchange ARS 20,000, how much OMR you will be receiving?
3 The forward rate is 0.8500-0.8650 euros to the 1$ What will a euro 2,000 receipt be converted to at the forward rate? A.$1,730 B.$2,312 C.$2,353 D. $1,700
On Mei 31, 2016, PT Risa sold the item to PT Bulan (functional currency is US $) for of the total $ 30,000 invoice by November 31, 2018. The functional currency of PT Risa is IDR , and the effective date is December 31st. Exchange rate between $ and IDR: Mei 31, 2016 ($1) : Spot rate = IDR 15,575 US$1 , Forward rate (6 months) = IDR 15,375 November 31, 2016 ($1) : Spot rate = IDR 14,250 PT Risa completed the forex risk hedging transaction on November 31, 2016 by signing a forward contract to sell US $ for $ 30,000. PT Risa also chose to apply fair value hedging accounting in accordance with PSAK71. prepare journal entries recorded by PT Risa on Mei 31, 2016 and November 31, 2016. Please explain !
15. Calculate the current exchange rate AUD/GBP, given these two quotes: AUD/USD 0.5640-50 GBP/USD 1.5850-60 A. AUD/GBP 0.3558-62 B. AUD/GBP 0.3556-65 C. AUD/GBP 0.8945-55 D. AUD/GBP 0.8939-45
2) XYZ has cash of FC 100,000 on both April 30 and May 31, 2010. The applicable spot rates for April 30 and May 31 are as follows: April 30: 1US = 5FC May 31: 1 US= 4FC How much is the FX transaction gain or loss on May 31, 2010.
A U.S. company’s foreign subsidiary had these amounts in local currency units (LCU) in 2017: Cost of goods sold . . . . LCU 5,000,000Beginning inventory . . . . . 500,000Ending inventory . . . . . . . . 600,000 The average exchange rate during 2017 was $1.00 = LCU 1. The beginning inventory was acquired when the exchange rate was $0.80 = LCU 1. Ending inventory was acquired when the exchange rate was $1.10 = LCU 1. The exchange rate at December 31, 2017, was $1.15 = LCU 1. Assuming that the foreign country is highly inflationary, at what amount should the foreign subsidiary’s cost of goods sold be reflected in the U.S. dollar income statement? Choose the correct.a. $4,440,000.b. $4,840,000.c. $5,000,000.d. $5,750,000.
Q4 An analyst holds a set of forward contracts on euro, against usd (=hc). Compute the fair value of the contracts.(a) Purchased: eur 1m 60 days (remaining). Historic rate: 1.350; current rate for same date: 1.500; risk-free rates (simple per annum): 3% in usd, 4% in euro. (b) Purchased: eur 2.5m 75 days (remaining). Historic rate: 1.300; current spot rate: 1.5025; risk-free rates (simple per annum): 3% in usd, 4% in euro. (c) Sold: eur 0.75m 180 days (remaining). Historic rate: 1.400; current rate for same date: 1.495; risk-free rates (simple per annum): 3% in usd, 4% in euro.
if gold costs $1494.90 per ounce in the U.S. and E1359.00 in Europe, according to the purchasing power parity relationship the euro/usd exhcnage rate should be e1 = $
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15. Calculate the current exchange rate AUD/GBP, given these two quotes: AUD/USD 0.5640-50 GBP/USD 1.5850-60 A. AUD/GBP 0.3558-62 B. AUD/GBP 0.3556-65 C. AUD/GBP 0.8945-55 D. AUD/GBP 0.8939-45 Which option is correct please show step by step calculations.
which one is correct please confirm? Q4: How much interest is earned on a euroJPY deposit of JPY3 billion paying 0.58%pa for 273 days? "JPY13,195,000" "JPY13,014,000" "JPY25,476,562.50" "JPY25,566,562.50"

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