Spot: USD/MYR 4.3100/4.3250 1-Month: 25/40 3-Month: 19/105 6-Month: 20/150 9-Month: 22/250 What is the forward premium or discount of the MYR/USD based on the 9-month forward maturity assuming a 360-day year?
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Spot: USD/MYR 4.3100/4.3250
1-Month: 25/40
3-Month: 19/105
6-Month: 20/150
9-Month: 22/250
What is the forward premium or discount of the MYR/USD based on the 9-month forward maturity assuming a 360-day year?
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- Question Content Area Assuming a 360-day year, when a $15,586, 90-day, 7% interest-bearing note payable matures, total payment will be a.$1,091 b.$16,677 c.$15,859 d.$273Question Content Area On June 8, Williams Company issued an $72,668, 11%, 120-day note payable to Brown Industries. Assuming a 360-day year, what is the maturity value of the note? When required, round your answer to the nearest dollar. a. $7,993 b. $80,661 c. $72,668 d. $75,332Use the forward points to get the outright 9-month quote for EUR/USD. BID ASK EUR/USD Spot 1.0825 1.0837 EUR/USD Forward points 103.65 107.94
- Discount P86, 400 for 1 year and 9 months at 9.88% simple interest?a) b) US$/€ US$/€ Calculated Forward Period Days Forward Bid Rate Ask Rate Mid-Rate Premium spot 1.3231 1.3232 1.32315 1 month 30 1.3230 1.3231 1.32305 -0.0907% 2 months 60 1.3228 1.3229 1.32285 -0.1360% 3 months 90 1.3224 1.3227 1.32255 -0.1814% 6 months 180 1.3215 1.3218 1.32165 -0.2267% 12 months 360 1.3194 1.3198 1.31960 -0.2683% 24 months 720 1.3147 1.3176 1.31615 -0.2645% The forward rates progressively require less and less U.S. dollars per euro than the current spot rate. Therefore the dollar is selling forward at a premium and the euro is…2. A credit sale of P750 is made on June 13, term 2/10, net/30. A return of P50 is granted on June 16. The amount received as payment in full on June 23 is: a. P700 b. P650 c. P686 d. P685
- 2-23 We have a three-month forward rate agreement (FRA) with underlying 90 day LIBOR starting on Jan 1, in a non-leap year. The notional amount is $15 million. The LIBOR term structure is as follows: 90-day LIBOR = 3% 180-day LIBOR = 3.25% What are the values of the following variables necesssary in the calculation of the fixed rate on our FRA. No calculations need to be shown. h = ? m + ? h+m + ? L0(h) = ? L0(h + m) = ?Calculate the forward discount or premium for the following spot and three-month forward rates: (a) Spot Rate = $2.00/£1 and Forward Rate = $2.01/£1 (b) Spot Rate = $2.00/£1 and Forward Rate = $1.96/£1Repost could you please complete the sub parts D and E please Payment and frequency (PMT) Time in years (n) Interest rate and compound frequency (I/Y) Present Value (PV) Future Value (FV) $500.00 per quarter (end) 5 years 5% compounded quarterly ______________ Not Applicable $241.63 per month (end) 69 payments 6 ¾ % compounded monthly Not Applicable _______________ $____________ per quarter 7 years and 3 months 3 % compounded semi-annually $8,000.00 Not Applicable $445.30 per month __________years 7.45 % compounded quarterly Not Applicable $24,788.40 $2,000 beginning of every six months 12 ½ years _______compounded quarterly $46,000 Not Applicable
- PMT r t Payment interval Compounding period FV PV 1.P900 6% 6.25 yrs. Monthly quarterly 2.P1800 11% 8 yrs. Quarterly monthly 3.P500 5% 8 yrs. Monthly annuallySunland Company sold $131000 of goods and accepted the customer's $131000 10%, 1-year note receivable in exchange. Assuming 10% approximates the market rate of return, how much would be reported for the year ending december 31 if sales was made of june 30? $13100. $0 $3275 $65501.- Determine the maturity date and the amount at maturity (FMV), and the simple commercial interest of each of the following promissory notes (Use the table for the dates) Nominal value Initial date Term Ratea) $ 33,500 May 5 3 months 9%b) $ 82,000 March 15 90 days 8.75%c) $ 52,310 July 31 5 months 7.5%d) $184,000 September 8 150 days 11% NOTE: When referring to months, the expiration date is set on the same day of the initial month. Example: Starts on May 7 + three months = August 7. Note:The original exercise is in the image, it is in Spanish, but it is easy to understand. Another note:Please put the procedure explained, thank you very much for your attention bartleby expert!