The current spot rates are: GBP (S/E) EUR (S/E) JPY (¥/$) Bid 1.115 1.025 102 13,000,000.35 You owe a customer in England £1 and you are owed 86. You currently have $13 million in the bank. How much will you have in the bank after both transactions are finished? Ask 1.168 1055 127 13,324,862.7451 margin of error +/-10
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- Please Help The Swiss Franc is trading at 1.1464 $/ SFr, the euro is trading at 1.0828 $/euro. If you can buy or sell SFr/euro at 0.9451, is there an arbitrage? If so, how much can you make with one round - trip using $1,000,000 ? Please HelpYou Answered Today you observe the folowing quotes: Spot EURUSD $1.37 60 Day Forward EURUSD = $1.15 In 60 day you expec to receive 281,718 Euros. In 60 days you expect the EURUSD exchange rate to be $1.17. In 60 days the EURUSD actually is $1.21. You decided to hedge your receivables with a forward. How many USD will you receive? 232,824.79Use the information below to answer the following question. So($/€) F360 ($/€) Exchange Rate $ 1.45 € 1.00 = $ 1.48 = € 1.00 Interest Rate APR is i€ 4% 3% If you borrowed $1,000,000 for one year, how much money would you owe at maturity? Short Answer Toolbar navigation BIUS $1,524,400 A RN KE
- nswered Today you observe the folowing quotes: Spot EURUSD= $1.14 60 Day Forward EURUSD = $1.04 In 60 day you expec to receive 447,014 Euros. In 60 days you expect the EURUSD exchange rate to be $1.23. In 60 days the EURUSD actually is $1.03. You decided to not hedge your receivables. How many USD will you receive? 433,994.17Use the Information below to answer the following question. SØ ($/ €) F360 ($/ €) Exchange Rate $1.60 €1.00 $1.58 = €1.00 Interest Rate is ię APR 2% 4% If you had €1,000,000, traded them for USD at the spot rate, and invested those dollars in the U.S., how many USD will you get in one year?You are the financial manager for Belltower Associates, which is headquartered in Australia. You have received the below spot and interest rates quotes from your bank: Bid Ask NZD 0.8298/AUD NZD 0.8340/AUD 4.50% 5.00% 0.90% 1.30% Spot exchange rate Interest rate for AUD Interest rate for NZD Suppose that Belltower Associates has a receivable in NZD in one year's time and they wish to engage in a hedge to lock in their domestic (i.e. Australian dollar) currency equivalent of its value. Belltower Associates intends to achieve this by using their bank's spot rates and money market interest rates in order to create a synthetic forward contract. What is the effective forward exchange rate that Belltower Associates is able to achieve for hedging the AUD value of their NZD receivable? O a. NZD 0.8012/AUD O b. NZD 0.8635/AUD O c. O d. O e. NZD 0.8298/AUD NZD 0.8594/AUD NZD 0.7974/AUD NZD 0.8085/AUD
- TB SA Qu. 06-69 If you had borrowed $1,000,000.... Use the information below to answer the following question. Exchange Rate $ 1.60 €1.00 $1.58 € 1.00 So ( $/ €) F360 ($/C) Interest Rate is ic APR 28 4% If you had borrowed $1,000,000, traded them for euro at the spot rate, and invested those euros in Europe, how many euros will you receive in one year?The following exchange rates are available to you. (You can buy or sell at the stated rates.) Mt Fuji Bank ¥120.00/A$ Mt Rushmore Bank SF1.6000/A$ Mt Blanc Bank ¥80.00/SF Assume that you have SF10, 000,000. Can you make a profit via triangular arbitrage? If so, show the steps that you will follow and calculate the amount of profit in Swiss francs.For the next few questions, here are the currency rates quoted to you buy ABC Bank, the bank that you do all your FX business with. EUR/USD – 1.1805 – 08 USD/CAD – 1.2590 – 93 GBP/USD – 1.3745 – 48 USD/JPY – 108.95 – 98 What would be the quote you would receive from the bank if you were looking for a EUR/GBP cross rate? What would be the quote you would receive from the bank if you were looking for a CAD/JPY cross rate? You have received the above quotes from the bank. You need to buy CAD 500,000 and sell EUR 445,000. What will be the US$ amounts for each of these transactions?
- For the following practice questions use these rates that your bank has quoted you: EUR/USD: 1.0175 – 1.0180 GBP/USD: 1.2065 – 1.2070 USD/CAD: 1.2930 – 1.2935 USD/JPY: 134.85 – 134.90 AUD/USD: .6905 - .6910 Please calculate the following crosses: EUR/GBP: 0.843 - 0.844 EUR/JPY: 137.210 - 137.328 AUD/JPY: 93.114 - 93.216 GBP/CAD GBP/JPY CAD/JPYThe Swiss Franc is trading at 1.1106 $/SFr, the euro is trading at 1.1268 $/euro. If you can buy or sell SFr/euro at 1.0160, is there an arbitrage? If so, how much can you make with one round-trip using $1,000,000?Assume that you are a retail customer. Use the information below to answer the following question. Exchange Rate - Bid Exchange Rate - Ask Interest Rate APR S0($/€) $ 1.42 = € 1.00 $ 1.45 = € 1.00 i$ 4 % F360($/€) $ 1.48 = € 1.00 $ 1.50 = € 1.00 i€ 3 % If you had borrowed $1,000,000, traded them for euros at the spot rate, and invested those euros in Europe, how many euros do you receive in one year?