A 6% coupon U.S. Treasury note pays interest on May 31 and November 30 and is traded for settlement on August 10. What is the accrued interest on the $100,000 face amount of this note? A. 581.97 B.1,163.93 C.2,327.87 D.3,000.00
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- A 6% coupon U.S. Treasury note pays interest on May 31 and November 30 and is traded for settlement on August 10. What is the accrued interest on the $100,000 face amount of this note? A. 581.97 B.1,163.93 C.2,327.87 D.3,000.00An 9% coupon U.S. Treasury note pays interest on May 30 and November 30 and is traded for settlement on August 5. The accrued interest on the $33,000 face value of this note, assuming a semiannual coupon period of 182 days, is $__________. Round your answers to two decimal places.Help with parts A,B,C
- Please correct answer and don't use hand ratingThe following market data relate to USD and Yen rates:Spot USD/YEN 116.003 months dollar deposit rate 4.5%6 months dollar deposit rate 5%3 months yen deposit rate 0.25%6 months yen deposit rate 0.25%FRA rate for yen is nil a.What is a forward rate agreement? B .What would be the 6 month USD/Yen forward rate?C .What should be the 3 month USD FRA rate 3 months forward? D .The 6 and 12 month USD libors are 5% and 6.5% respectively. What should your bank do if another bank is quoting 6/12 USD FRA at 6.5 -6.75%?Q1-14 Suppose the expected spot rate (after 1 year) for euros (in terms of dollars) is $1.50, the current interest rate on euro deposits is 4.5%, and the current interest rate on dollar deposits is 5.5%. What current spot rate would satisfy the uncovered interest parity (UIP) equation? a. $1.65 b. $1.50 c. $1.25 d. $1.485
- A bank has iss6a six month 1 million negotiated CD with a 0.72 percent annual interest rate. Thus at maturity (182 day) the CD holder will receive (check photo) in six months in exchange for $1 million deposited in the bank today. Immediately after the CD is issued, the secondary market price on the $ 1 million CD falls to $999,651. What is the secondary market yield on the $ 1 million face value of the CD?HK Company borrowed Pesos (P) 20,000 as a loan from the United Bank on Jan 1, 2019, with an annual interest rate of 10%, payable every June 30 and Dec 31. HK Company reports quarterly, with a Dec 31 year-end, and it reports in has a functional currency in USD. Exchange rate: 1peso = usd Jan 1, 2019 $10 usd average quarter 1 2019 $10.50 usd march 31, 2019 $11 usd average quarter 2 2019 $10.30 usd june 30, 2019 $10.50 usd Prepare all the journal entries relating to the loan for Jan 1 to June 30, 2019 (Q1 & Q2) for HK Company including the June 30 interest payment.hf.3
- You can buy or sell the £ spot at $1.98 to the pound. You can buy or sell the pound one-year forward at $2.01 to the pound. If U.S. annual interest rates are 5%, what must be the approximate one-year British interest rate if interest rate parity holds? A. 4.00% B. 2.75% C. 5.25% D. 3.48%The domestic currency price of a unit of foreign currency 0.70 and the domestic and foreign risk-free interest rates are 5% and 7% respectively (assume discrete compounding). What is the 18-month forward rate (rounded to the nearest cent)? a. 0.70 b. 0.74 c. 0.68 d. 0.72Hello, please help with letter a. Thank you 1) ABC Corp has Accounts Receivable of FC 400,000 and Accounts Payable FC 300,000 on both March 31 and April 30, 2010. The applicable exchange rates at that date were as follows: March 30 April 30 Spot rate 1FC = .35 US 1FC = .37 US Forward rate(1 month). 1FC= .36 US. 1FC= .39 US a) What is the FX transaction gain or loss on Accounts REeceivable on April 30, 2010? b) What is the FX transaction gain or loss on Accounts Payable on April 30, 2010? c) If on March 31, ABC wishes to hedge its exposure to changing exchange rates what is the appropriate action it will take. Answer by saying whether ABC will enter a spot contract or forward contract and say whether the contract will involve purchasing FC and selling US dollars, or purchasing US dollards and selling FC and specify the appropriate exchange…