On Jan 10 2018 the Mumbai based branchaap xyz bankinter into following foreign currency sale and purchase transaction one with Mr Ravi for sale of used 2002 be delivered on the January 10 number 2 with Mr shyam for purchase of USD 2000 to be delivered on January 11 3 with Mr sorry for purchase USD to be delivered on January 14 January 12 and 13 being bank holidays with Mr punit for sale used 2002 be delivered on February 11 the interbank foreign currency rates on January 10 2018 under casset already rate USD equal to raise 45.50/60, Tom rate RS.45.55/65 spot rate RS.45.60/70 ànd one month forward ràte rs.45.80/85. On the basis above answer the following question A.what rate will be used for transaction with Ravi? B. What amount in rupees will be involved in the ravi's transaction? C.what rate will be used for transaction with shyam? D.what amount in rupees will be involved with shyam transaction? E.what rate will be used for the transaction with Mr. Saurabh?
On Jan 10 2018 the Mumbai based branchaap xyz bankinter into following foreign currency sale and purchase transaction one with Mr Ravi for sale of used 2002 be delivered on the January 10 number 2 with Mr shyam for purchase of USD 2000 to be delivered on January 11 3 with Mr sorry for purchase USD to be delivered on January 14 January 12 and 13 being bank holidays with Mr punit for sale used 2002 be delivered on February 11 the interbank foreign currency rates on January 10 2018 under casset already rate USD equal to raise 45.50/60, Tom rate RS.45.55/65 spot rate RS.45.60/70 ànd one month forward ràte rs.45.80/85. On the basis above answer the following question A.what rate will be used for transaction with Ravi? B. What amount in rupees will be involved in the ravi's transaction? C.what rate will be used for transaction with shyam? D.what amount in rupees will be involved with shyam transaction? E.what rate will be used for the transaction with Mr. Saurabh?
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
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On Jan 10 2018 the Mumbai based branchaap xyz bankinter into following foreign currency sale and purchase transaction one with Mr Ravi for sale of used 2002 be delivered on the January 10 number 2 with Mr shyam for purchase of USD 2000 to be delivered on January 11 3 with Mr sorry for purchase USD to be delivered on January 14 January 12 and 13 being bank holidays with Mr punit for sale used 2002 be delivered on February 11 the interbank foreign currency rates on January 10 2018 under casset already rate USD equal to raise 45.50/60, Tom rate RS.45.55/65 spot rate RS.45.60/70 ànd one month forward ràte rs.45.80/85. On the basis above answer the following question
A.what rate will be used for transaction with Ravi?
B. What amount in rupees will be involved in the ravi's transaction?
C.what rate will be used for transaction with shyam?
D.what amount in rupees will be involved with shyam transaction?
E.what rate will be used for the transaction with Mr. Saurabh?
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