Chapter 5, Problem 4QA

The 60-day forward rate for the Canadian dollar is $1.07/C$, while the current spot rate of the Canadian dollar is $1.05/C$. What is the annualized forward premium or discount of the Canadian dollar?   A. 11.4 percent premium.   B. 1.9 percent discount.   C. 11.4 percent discount.   D. 1.9 percent premium.

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/£1

Calculate the trade discount (in $) and trade discount rate (as a %). Round your answer to the nearest tenth of a percent. List Price Trade Discount Trade Discount Rate Net Price $4,500.00 $    % $3,545.00

What is the average annualized forward premium/discount for the JPY if you use the 2M forward contract (Format for answer: X.XX% or –X.XX%)

What is the 30-day forward premium/discount for GBP/CNY if the spot is 0.95 and the 1-month forward rate is 1.45. Please provide your answer in %.

The net price of an item after trade discounts of 34.00%, 13.00%, and 3.50% is $3,520.00. a. Calculate the regular selling price of the goods. $0.00 Round to the nearest cent b. Calculate the equivalent discount rate of the series of discount rates. 0.00 % Round to two decimal places

Calculate the nominal annual cost of no free trade credit under each of the following terms. Assume that payment is made either on the discount date or on the due date. a. 1/15, net 20 b. 2/10, net 60 c. 3/10, net 45 d. 2/10, net 45 e. 2/15, net 40

Calculate the net price and single equivalent discount.  Round to five decimal places when necessary.   Trade Discount Rate  =  20/18/15 Net Price Factor = 0.5576 What is the Single Equivalent Discount.

An item for 10,000, subject to a trade discount of 25%, is paid for within the discount period on terms 2/10, n/30. What is the amount of payment? P10,000 P7,500 P7,400 P7,350