$150 billion Currency Bank reserves Checkable deposits Time deposits $400 billion $1,200 billion $2,400 billion $60 billion Excess reserves Calculate the values for the currency-to-deposit ratio, the ratio of total reserves to deposits, the monetary base, the M1 money multiplier, and the M1 money supply. The currency-to-deposit ratio is |. (Enter your response rounded to two decimal places.)
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- Currency in Circulation (2019) 20.25 billion currency units Reserves (2019) 17.10 billion currency units M1 (2019 1,232.95 billion currency units M2 (2019) 1,319.40 billion currency units 2. Calculate the size of the monetary base in 2019. Calculate the size of demand (checking) deposits in 2019. Calculate the size of savings deposits in 2019.Suppose that the Federal Reserve System set the required reserve ratio equal to 0.1 and that the banking system holds $50 billion in excess reserves. If the amount of deposits is $1000 billion and the amount of currency holdings is $60 billion, then the currency ratio is. (Round your response to the nearest two decimal place.) Referring to part a, the excess reserve ratio is. (Round your response to the nearest two decimal place.)For the below 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 Calculate the following crosses: GBP/CAD GBP/JPY CAD/JPY
- For the below 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 Calculate the following crosses: EUR/GBP EUR/JPY AUD/JPY GBP/CAD GBP/JPY CAD/JPYMatch each term in Column A with its related definition in Column B.Column A1. Spot rate2. Currency appreciation3. Translation risk4. Transaction risk5. Exchange rateColumn Ba. The rate at which one currency can be traded for another currency.b. The possibility that future cash transactions will be affected by changing exchange rates.c. A month ago, $1 U.S. was worth 8.5 Mexican pesos. Today, $1 is worth 9.0 Mexicanpesos. The U.S. dollar has undergone what?d. The degree to which a firm’s financial statements are exposed to exchange ratefluctuation.e. The exchange rate of one currency for another for immediate delivery (today).Problem 1. A currency trader has compiled the following currency quotes: USD/EUR ($/Euro USD/GBP ($/£) JPY/USD (Â¥) Spot rate $1.2139 $1.7730 115.674 6-month forward rate $1.2067 $1.7894 114.867 Which of the following statements regarding currencies is CORRECT? A) The pound is strong relative to the dollar and the dollar is strong relative to the yen. B) The euro is strong relative to the dollar and the yen is weak relative to the dollar. C) The euro is weak relative to the dollar and the yen is strong relative to the dollar. D) The dollar is strong relative to the pound and the dollar is weak relative to the euro. Problem 2. Mary Beth Morgan and Shaban Shoshi are currency traders for Mercury Forex Inc. They have compiled the following information concerning currencies in Sweden (SEK), New Zealand (NZD), and United States (USD). SEK/USD USD/NZD Spot bid rate 7.8927 $0.6994 Spot ask rate 7.9021 $0.7000 3-month forward bid rate 7.8780 $0.7010 3-month forward ask rate…
- Suppose that the assets of a bank consist of $100 million of loans of BBB-rated corporations. The PD for the corporations is estimated as 1%. The average maturity is five years and the LGD is 60%. What is the total risk-weighted assets for credit risk under the Basel II advanced IRB approach? Question 5Answer a. $178.1 million b. $13.2 million c. $165.4 million d. $100 millionII. PROBLEMS Suppose that the economy has the following money supply and demand equations: Money Supply: M = 8000 Money Demand: M= 10,000 – 40,000r where money is in billions of dollars and interest rates, r, is written as a decimal (e.g., an interest rate of 10% would be written as .1 in the equation). A. Determine the equilibrium interest rate and quantity of money. B. What will happen in the money market if the interest rate is currently 10%? What is the amount of excess supply of or excess demand for money? C. Show in graph that at this interest rate (10%) there is disequilibrium in the money market. 2. Assume that a particular bank has excess reserves of Php800,000 and checkable deposits of Php1,500,000. If the reserve ratio is 20%, what is the size of the bank's actual reserves? 3. Suppose that GRAB Bank is a newly created bank in your hometown. Consider the following transactions: Owners of the bank sold shares of stocks to the public (which includes owners' equity) amounting to…Question 1 Refer to the data in the table below. CURRENCY EUR-USD USD-JPY GBP-USD AUD-USD USD-CAD USD-CHF EUR-JPY EUR-GBP USD-HKD EUR-CHF USD-KRW Source: Bloomberg.com a. b. C. VALUE 1.0661 134.3400 11964 0.6868 1.3469 0.9274 143.2200 0.8911 7.8480 0.9887 1,293.8000 If you want to buy 10,000 EUR, how much USD do you have to pay? If you have 200 GBP, how much EUR can you exchange? If you need 200,000 JPY, how much HKD do you have to pay?
- which one is correct please confirm? Q10: "If I invested GBP9 million in the deposit market for 182 days and received GBP9,460,000 at the end of the period, at what rate did I invest my money?" 10.25% 10.10% 4.75% 4.89%A bank has estimated its net income for 2020 is $2,000,000. It has also estimated the following ratios of its capital: CET1 = 7% Tier 1= 7.50% Tier 1+2= 9% Under Basel 2, what is the maximum, it can pay out in dividends? $0.00 $400,000.00 $800,000.00 $1,200,000.00Question Consider the following balance sheet positions for a financial institution:• Rate-sensitive assets = $120 million; Rate-sensitive liabilities = $180 million.• Rate-sensitive assets = $230 million; Rate-sensitive liabilities = $200 million.a) Calculate the repricing gap and the impact on net interest income of a 2 percent increase in interest rates for each position. b) Calculate the repricing gap and the impact on net interest income of a 2 percent decrease in interest rates for each position.c) Explain the type of risk this FI is exposed to in each position.