pot (28 October 2018) 1.1017/18 4.2200/699 1.3917/87 1 Month 473/492 74/119 106/138 2 Month 103/106 152/202 225/285 3 Month -187/+187 278/228 36/42 The following rates are quoted by banks as at 28 October 2018. Based on the above rates, calculate the following (assume no margins or charges are imposed and all exchange controls/regulations are complied with): b. Quoting bank buys SGD/MYR fixed three month delivery.
pot (28 October 2018) 1.1017/18 4.2200/699 1.3917/87 1 Month 473/492 74/119 106/138 2 Month 103/106 152/202 225/285 3 Month -187/+187 278/228 36/42 The following rates are quoted by banks as at 28 October 2018. Based on the above rates, calculate the following (assume no margins or charges are imposed and all exchange controls/regulations are complied with): b. Quoting bank buys SGD/MYR fixed three month delivery.
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
|
pot (28 October 2018) |
1.1017/18 |
4.2200/699 |
1.3917/87 |
|
1 Month |
473/492 |
74/119 |
106/138 |
|
2 Month |
103/106 |
152/202 |
225/285 |
|
3 Month |
-187/+187 |
278/228 |
36/42 |
The following rates are quoted by banks as at 28 October 2018.
Based on the above rates, calculate the following (assume no margins or charges are
imposed and all exchange controls/regulations are complied with):
b. Quoting bank buys SGD/MYR fixed three month delivery.
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