Japanese yen Japanese yen 6 month Australian dollar Australian dollar 3 month U.S. $ EQUIVALENT .00916 .00899 .7748 .7751 a. Yen b. Australian dollar c. Dollar relative to yen d. Dollar relative to A$ CURRENCY PER U.S. $ 109.20 111.21 1.2907 1.2902 a. Is the yen selling at a premium or a discount? b. Is the Australian dollar selling at a premium or a discount? c. Do you expect the value of the dollar to increase or decrease relative to the value of the yen? d. Do you expect the value of the dollar to increase or decrease relative to the value of the Australian

Japanese yen Japanese yen 6 month Australian dollar Australian dollar 3 month U.S. $ EQUIVALENT .00916 .00899 .7748 .7751 a. Yen b. Australian dollar c. Dollar relative to yen d. Dollar relative to A$ CURRENCY PER U.S. $ 109.20 111.21 1.2907 1.2902 a. Is the yen selling at a premium or a discount? b. Is the Australian dollar selling at a premium or a discount? c. Do you expect the value of the dollar to increase or decrease relative to the value of the yen? d. Do you expect the value of the dollar to increase or decrease relative to the value of the Australian

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

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U.S.-dollar foreign-exchange rates in late New York trading IN US$ USS VS. % CHG PER US$ TUES MON 1-DAY YTD TUES MON Brazil real (a) 0.2442 -1.39 4.0 4.0385 (ь) Canada dollar 0.7460 0.7447 (c) -1.7 1.3406 1.3428 Source: WSJ.com a. What is the value of (a)? Explain your answer. b. What is the value of (b)? Explain your answer. c. What is the value of (c)? Explain your answer.
The following are the foreign currency positions of an FI, expressed in the foreign currency: Currency Assets Liabilities FX Bought FX Sold Swiss franc (Sf) Sf 132,600 Sf 54,570 Sf 12,750 Sf 17,850 British pound (£) £ 42,500 £ 21,500 £ 15,500 £ 22,000 Japanese yen (¥) ¥ 8,200,000 ¥ 3,500,000 ¥ 1,600,000 ¥ 9,100,000 The exchange rate of dollars for Sf is 1.02, of dollars for British pound is 1.31, and of dollars for yen is .00953.The following are the foreign currency positions converted to dollars: Currency Assets Liabilities FX Bought FX Sold Swiss franc (Sf) $ 130,000 $ 53,500 $ 12,500 $ 17,500 British pound (£) $ 55,675 $ 28,165 $ 20,305 $ 28,820 Japanese yen (¥) $ 78,146 $ 33,355 $ 15,248 $ 86,723 a. What is the FI’s net exposure in Swiss francs stated in Swiss francs (Sf) and in dollars ($)?b. What is the FI’s net exposure in British pounds stated in British pounds (£) and in…
Use the information below to answer the questions that follow. U.S. $ EQUIVALENT CURRENCY PER U.S. $ .6394 .9793 U.K. Pound (£) Canada dollar a. Which would you rather have, $100 or £100? b. Which would you rather have, $100 Canadian or £100? c-1. What is the cross-rate for Canadian dollars in terms of British pounds? (Do not include the Canadian dollar sign, C$. Round your answer to 4 decimal places, e.g., 32.1616.) c-2. What is the cross-rate for British pounds in terms of Canadian dollars? (Do not include the pound sign, £. Round your answer to 4 decimal places, e.g., 32.1616.) c-1. Cross-rate c-2. Cross-rate 1.5640 1.0211 с 1€ /Can$
Pls ans both
Problem 5 Assume the British pound (£) is worth $2.60, while the Canadian dollar (C$) is worh S1 so Find the value of £ in units of C$? 1. Suppose the exchange rate for Indian rupees (Rs) in terms of US dollar ($) at two foreign market centers is: At London: Rs 47.573/47.6100; and at Tokyo: Rs 47.600/47.645 2. Assume again the arbitrageur has Rs 1,000. How much gain or loss the arbitrageur can obtain if he/she goes from London to Tokyo? Explain?
18-The OMR rate per US Dollar is quoted as OMR 2.4500 - OMR 2.5000 = $1. Company A wants to buy dollars in exchange for OMR. What rate will the bank offer company A? a. Bank offer OMR 2.5000/$ b. None of the options c. Bank offer OMR 2.5500% d. Bank offer OMR 2.4500/
Dealer A quotes 1.2500–1.2550 for the AUD/USD exchange rate to dealer B. The price (in US dollars) at which B can buy one unit of the Australian dollar is 1.2500. 1.2550. 0.8000. 0.7968. Dealer A quotes 1.2500–1.2550 for the AUD/USD exchange rate to dealer B. The price (in US dollars) at which B can buy one unit of the Australian dollar is 1.2500. 1.2550. 0.8000. 0.7968.
H3
Round your answers to one decimal place. As in 10.1 %. Actual Implied Rate Rate US 5.81 USD pound 1.3333 1.6184 $/GBP 6.3700 4.1997 CNY/$ 1.3145 $/EUR 13.4200 4.3012 TRY/$ Britain 3.59 China 24.40 Yuan Euro 4.42 € 1.1211 Turkey 24.99 TL British pound is % • against the US dollar. Chinese Yuan is % * against the US dollar. Euro is * against the US dollar. Turkish Lira is % * against the US dollar.
Forward premiums/discounts. Referring to the forward quotes in the Wall Street Journal (Exhibit 5.5) for the Japanese yen, determine whether the yen is at a premium or discount against the U.S. dollar. What is the percentage premium/discount for maturities of one, three, and six months? Included images for reference
As a foreign exchange trader at a Citibank, you are given the following quotations: 2-month forward 1-month Exchange Rate Spot Rate forward 1 Singapore Dollar (S$) 100 Japanese Yen (100\) 1 Australian Dollar (AUD) RM3.0500/10 RM3.5000/30 RM3.1010/40 20/70 25/65 45/35 60/50 35/70 65/55 Country Malaysia Japan Singapore Rate 15% 3-Month interest rate 10% 20% Calculate: If you as a foreign exchange trader are expected to receive S$5,000 in 1 months' time, how much is it pay in RM? ii.
Canadian Denmark Euro S per Foreign Currency $.7800 $.2000 $.9900 Foreign Currency per $ 1.2821 5.0000 1.0101 a. How many Canadian dollars would you receive for $500? b. A Mercedes costs Euros 130,000. How many $ would you need? c. What is the cross rate of Canadian $ and Denmark?

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