EXHIBIT 7.2 Currency Futures Орen High Low Settle Change Open Interest Japanese Yen (CME) ¥12,500,000; $ per 100¥ Dec. '11 1.3127 1.3226 A 1.3118 1.3175 0.0036 164,397 March '12 1.3152 1.3248 A 1.3152 1.3199 0.0034 701 Canadian Dollar (CME) CAD 100,000; $ per CAD Dec. '11 0.9938 1.0097 0.9924 1.0081 0.0157 115,255 March '12 0.9935 1.0075 0.9904 1.0061 0.0155 3,422 British Pound (CME) £62,500; $ per £ Dec. '11 1.5956 1.6133 1.5945 1.6106 0.0158 170,555 March '12 1.5971 1.6080 1.5932 1.6090 0.0159 190 Swiss Franc (CME) CHF 125,000; $ per CHF Dec. '11 1.1349 1.1682 1.1342 1.1642 0.0294 25,335 March '12 1.1400 1.1700 1.1374 1.1668 0.0292 624 Australian Dollar (CME) AUD 100,000; $ per AUD Dec. '11 1.0335 1.0687 1.0323 1.0658 0.0335 125,091 March '12 1.0287 1.0569 1.0217 1.0551 0.0329 313 Mexican Peso (CME) MXN 500,000; $ per 10 MXN Dec. '11 0.07428 0.07605 0.07428 0.07580 0.00168 98,335 Euro (CME) €125,000; $ per € Dec. '11 1.3891 1.4241 1.3858 1.4201 0.0311 230,480 March '12 1.3896 1.4231 1.3885 1.4196 0.0308 2,763 Euro/Japanese Yen (ICE-US) €125,000; ¥ per € Dec. '11 106.370 107.565 106.360 107.7900 2.0700 2,893 Euro/British Pound (ICE-US) €125,000; £ per € Dec. '11 0.8817 0.0108 1,424 Euro/Swiss Franc (ICE-US) €125,000; CHF per € Dec. '11 1.2198 -0.0042 550 Source: Adapted from the Wall Street Journal, October 28, 2011.
EXHIBIT 7.2 Currency Futures Орen High Low Settle Change Open Interest Japanese Yen (CME) ¥12,500,000; $ per 100¥ Dec. '11 1.3127 1.3226 A 1.3118 1.3175 0.0036 164,397 March '12 1.3152 1.3248 A 1.3152 1.3199 0.0034 701 Canadian Dollar (CME) CAD 100,000; $ per CAD Dec. '11 0.9938 1.0097 0.9924 1.0081 0.0157 115,255 March '12 0.9935 1.0075 0.9904 1.0061 0.0155 3,422 British Pound (CME) £62,500; $ per £ Dec. '11 1.5956 1.6133 1.5945 1.6106 0.0158 170,555 March '12 1.5971 1.6080 1.5932 1.6090 0.0159 190 Swiss Franc (CME) CHF 125,000; $ per CHF Dec. '11 1.1349 1.1682 1.1342 1.1642 0.0294 25,335 March '12 1.1400 1.1700 1.1374 1.1668 0.0292 624 Australian Dollar (CME) AUD 100,000; $ per AUD Dec. '11 1.0335 1.0687 1.0323 1.0658 0.0335 125,091 March '12 1.0287 1.0569 1.0217 1.0551 0.0329 313 Mexican Peso (CME) MXN 500,000; $ per 10 MXN Dec. '11 0.07428 0.07605 0.07428 0.07580 0.00168 98,335 Euro (CME) €125,000; $ per € Dec. '11 1.3891 1.4241 1.3858 1.4201 0.0311 230,480 March '12 1.3896 1.4231 1.3885 1.4196 0.0308 2,763 Euro/Japanese Yen (ICE-US) €125,000; ¥ per € Dec. '11 106.370 107.565 106.360 107.7900 2.0700 2,893 Euro/British Pound (ICE-US) €125,000; £ per € Dec. '11 0.8817 0.0108 1,424 Euro/Swiss Franc (ICE-US) €125,000; CHF per € Dec. '11 1.2198 -0.0042 550 Source: Adapted from the Wall Street Journal, October 28, 2011.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
Reading futures prices. Refer to Exhibit 7.2 for futures prices.
a. What is the March 2012 futures price for Australian dollars and Japanese yen?
b. What is the cross-rate for March 2012 Japanese yen price of the Australian dollar futures contract?
Transcribed Image Text:EXHIBIT 7.2 Currency Futures
Орen
High
Low
Settle
Change Open Interest
Japanese Yen (CME) ¥12,500,000; $ per 100¥
Dec. '11
1.3127
1.3226 A
1.3118
1.3175
0.0036
164,397
March '12
1.3152
1.3248 A
1.3152
1.3199
0.0034
701
Canadian Dollar (CME) CAD 100,000; $ per CAD
Dec. '11
0.9938
1.0097
0.9924
1.0081
0.0157
115,255
March '12
0.9935
1.0075
0.9904
1.0061
0.0155
3,422
British Pound (CME) £62,500; $ per £
Dec. '11
1.5956
1.6133
1.5945
1.6106
0.0158
170,555
March '12
1.5971
1.6080
1.5932
1.6090
0.0159
190
Swiss Franc (CME) CHF 125,000; $ per CHF
Dec. '11
1.1349
1.1682
1.1342
1.1642
0.0294
25,335
March '12
1.1400
1.1700
1.1374
1.1668
0.0292
624
Australian Dollar (CME) AUD 100,000; $ per AUD
Dec. '11
1.0335
1.0687
1.0323
1.0658
0.0335
125,091
March '12
1.0287
1.0569
1.0217
1.0551
0.0329
313
Mexican Peso (CME) MXN 500,000; $ per 10 MXN
Dec. '11
0.07428
0.07605
0.07428
0.07580
0.00168
98,335
Euro (CME) €125,000; $ per €
Dec. '11
1.3891
1.4241
1.3858
1.4201
0.0311
230,480
March '12
1.3896
1.4231
1.3885
1.4196
0.0308
2,763
Euro/Japanese Yen (ICE-US) €125,000; ¥ per €
Dec. '11
106.370
107.565
106.360
107.7900
2.0700
2,893
Euro/British Pound (ICE-US) €125,000; £ per €
Dec. '11
0.8817
0.0108
1,424
Euro/Swiss Franc (ICE-US) €125,000; CHF
per
€
Dec. '11
1.2198
-0.0042
550
Source: Adapted from the Wall Street Journal, October 28, 2011.
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