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- Given an input of any amount of one currency, enter formulas that output the proportional amount of the other two currencies. Use the ratios of currencies in cells B6:D6 in your formulas. Format as appropriate currency.A. If $1.55 = 1 pound, what is the pound price of dollars? B. If $/pound = 1.6510 and $/Euro = 1.0131, what is pound/Euro? C. If s = $1.5204/pound and f = $1.5210/pound, which currency is at a forward premium? What is the magnitude of the forward premium? What is the magnitude of the forward discount?Bank Quotations Bid Ask Bid AskBritish pounds $1.9712 $1.9717 £0.5072 £0.5073Euros $1.4738 $1.4742 €0.6783 €0.6785 Using the table above, what is the ask price of euro in terms of pounds? Multiple Choice €1.3371/£ €1.3378/£ £0.7475/€ £0.7479/€..
- (i) In what circumstances should the method of translating into the functional currency(the temporal method)be used? discuss two advantages and two disadvantages of translating into the functional currency(the temporal method). Your answer should not be more than 210 words. (ii) How does the method of translating into the functional currency(the temporal method) differ from the method of translating into the presentation currency(the closing rate method)? Your answer should not be more than 90 words.From the following data provided, ascertain what would be the exchange rates that the Bank would quote for an FDI transaction amounting to USD 2 Mn for value cash basis, assuming a margin of 3 paise where., Spot USD/INR = 75.0900/75.1000 ., Cash/Spot : 4/5 paise. Arrive at the exchange rate up to 4 decimal places. Adhere to the steps involved in calculation.A currency trader observes the following quotes in the spot market: 1 U.S. dollar = 1.21 Japanese yen 1 British pound = 2.25 Swiss francs 1 British pound = 1.65 U.S. dollars Given this information, how many yen can be purchased for 1 Swiss franc? Do not round the intermediate calculations and round the final answer to four decimal places. Question options: 1.0825 0.7897 0.7631 0.6921 0.8873
- Compare currency forwards, currency futures and currency options. What are the main similarities and differences? Need typed answer only.Please give answer within 45 minutesHelp me understand how to interpret the following currency pairs(in a much simplified way) a)€1/$1.1837 €1/£0.7230 £1/$1.6388 b)Spot rate $1/Kes 76.22-92Hongary in1.1%(onnaly), what erchange rato do you antopate at the end of your aisignmani? What exchange rate do you anficipate at the end of your assignmem? fornts per 5 (Found to two decimul places.)
- Put options place a _____________ on what currency proceeds may be received and call options place a _____________ to what currency proceeds will cost? Group of answer choices ceiling (high limit), floor (low limit) floor (low limit), ceiling (high limit)Assume us government's issues 170,000,000 treasury bill for settlement of citizen's claims. So which of financial asset characters the above statement is?a, currency b,money ness c, term to maturity d, convertibilityBased on the reading and the table above, is the exchange rate of dollars to pounds fixed or flexible? Explain your answer.