Songmyŏng Bank has a trading position in Korean Won and Japanese Yen. On the closing date (25 April 2019), the Songmyŏng Bank had KRW10 billion and ¥300 million. The exchange rate is US$0.08/KRW1000 and US$0.03/100 on 25 April 2019. The exchange rate for the most recent four days are given below: Currency/Date 24/4 Japanese Yen (¥) US$0.02 23/4 US$0.025 Korean Won (W) US$0.09 US$0.10 22/4 21/4 US$0.015 US$0.020 US$0.085 US$0.11 Based on the information given, compute: i) delta value and daily changes position for both currencies. ii) total risk faced by Songmyong Bank on each day.
Songmyŏng Bank has a trading position in Korean Won and Japanese Yen. On the closing date (25 April 2019), the Songmyŏng Bank had KRW10 billion and ¥300 million. The exchange rate is US$0.08/KRW1000 and US$0.03/100 on 25 April 2019. The exchange rate for the most recent four days are given below: Currency/Date 24/4 Japanese Yen (¥) US$0.02 23/4 US$0.025 Korean Won (W) US$0.09 US$0.10 22/4 21/4 US$0.015 US$0.020 US$0.085 US$0.11 Based on the information given, compute: i) delta value and daily changes position for both currencies. ii) total risk faced by Songmyong Bank on each day.
Chemistry
10th Edition
ISBN:9781305957404
Author:Steven S. Zumdahl, Susan A. Zumdahl, Donald J. DeCoste
Publisher:Steven S. Zumdahl, Susan A. Zumdahl, Donald J. DeCoste
Chapter1: Chemical Foundations
Section: Chapter Questions
Problem 1RQ: Define and explain the differences between the following terms. a. law and theory b. theory and...
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