In a currency swap, using the information below, can you calculate the quarterly payments that should be made in Australian dollars? The exchange rate is 1.3 Australian dollars per one US dollar and the notional amount in Australian dollars is $100,000.00 TTM 90 PVF Singapore Dollars PVF US Dollars 0.99 0.98 0.97 0.96 0.98 180 0.94 270 0.93 360 0.89 Please round your answer to the nearest three decimals. Do not type the $ symbol.
In a currency swap, using the information below, can you calculate the quarterly payments that should be made in Australian dollars? The exchange rate is 1.3 Australian dollars per one US dollar and the notional amount in Australian dollars is $100,000.00 TTM 90 PVF Singapore Dollars PVF US Dollars 0.99 0.98 0.97 0.96 0.98 180 0.94 270 0.93 360 0.89 Please round your answer to the nearest three decimals. Do not type the $ symbol.
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter27: Multinational Financial Management
Section: Chapter Questions
Problem 7MC
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![In a currency swap, using the information below, can you calculate the quarterly payments that should be made in
Australian dollars? The exchange rate is 1.3 Australian dollars per one US dollar and the notional amount in
Australian dollars is $100,000.00
TTM
PVF
90
180
270
360
Singapore Dollars
0.98
0.94
0.93
0.89
PVF
US Dollars
0.99
0.98
0.97
0.96
Please round your answer to the nearest three decimals. Do not type the $ symbol.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F871bc9f6-b0c1-423f-825b-d287766fac96%2Ff7479875-8780-462d-a865-a2b0d104a73d%2F50kl5yz_processed.jpeg&w=3840&q=75)
Transcribed Image Text:In a currency swap, using the information below, can you calculate the quarterly payments that should be made in
Australian dollars? The exchange rate is 1.3 Australian dollars per one US dollar and the notional amount in
Australian dollars is $100,000.00
TTM
PVF
90
180
270
360
Singapore Dollars
0.98
0.94
0.93
0.89
PVF
US Dollars
0.99
0.98
0.97
0.96
Please round your answer to the nearest three decimals. Do not type the $ symbol.
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