Table 4.2 Currency Cross Rates (2:00 p.m. ET,Per CSCanadian dollar (C$).U.S. dollar (US$)Euro (€)Japanese yen (x)British pound (£)Swiss franc (Swfr)Australian dollar (A$)0.755690.65537JanuaryPer US$1.3232911, 2019)Per YPer C0.0122381.525861.15307 0.0092490.0080210.86725.81.71270 108.11980 124,67273)0.591980.738941.052160.783370.977831.39232Per E1.689251.276541.10720-138.121550.90318 0.007240.009041.127440.012881.60535Per Sw frPer AS1,35328 0.950431.022670.718230.886970.62292110.61947 77.639750.801220.562730.702451.248091.77704 1.42359If the C$ strengthens by £0.0021 from the value in Table 4.2, what will be the new value of C$ per £1.00? (Do not round yourintermediate calculations. Round your answer to 4 decimal places.)New valueC$per £1.00

As per the table 1£ = 1.68925 C$ Now, C$ stregthens by £0.0021. We need to determine the new Value…

Table 4.2 Currency Cross Rates (2:00 p.m. ET, Per CS Canadian dollar (CS). U.S. dollar (US$) Euro (€) Japanese yen (x) British pound (E) Swiss franc (Swfr) Australian dollar (A$) January 11, 2019) Per X Per C Per US$ 1.32329 1.52586 0.012238 1.15307 0.009249 New value 0.75569 0.65537 0.86725 81.71270 0.59198 0.73894 1.05216 . 108.11980 124,67273 0.78337 Per AS 0.95043 0.71823 0.62292 138.12155 110.61947 77.63975 0.80122 0.56273 0.70245 1.42359 Per Sie fr 1.35328 1.02267 0.88697 Per E 1.68925 1.27654 1.10720 0.008021 0.90318 0.00724 0.00904 1.12744 0.97783 0.01288 1.39232 1.60535 1.24809 1.77704 If the CS strengthens by £0.0021 from the value in Table 4.2, what will be the new value of C$ per £1.00? (Do not round your intermediate calculations. Round your answer to 4 decimal places.) per £1.00

Table 4.2 Currency Cross Rates (2:00 p.m. ET, Per CS Canadian dollar (CS). U.S. dollar (US$) Euro (€) Japanese yen (x) British pound (E) Swiss franc (Swfr) Australian dollar (A$) January 11, 2019) Per X Per C Per US$ 1.32329 1.52586 0.012238 1.15307 0.009249 New value 0.75569 0.65537 0.86725 81.71270 0.59198 0.73894 1.05216 . 108.11980 124,67273 0.78337 Per AS 0.95043 0.71823 0.62292 138.12155 110.61947 77.63975 0.80122 0.56273 0.70245 1.42359 Per Sie fr 1.35328 1.02267 0.88697 Per E 1.68925 1.27654 1.10720 0.008021 0.90318 0.00724 0.00904 1.12744 0.97783 0.01288 1.39232 1.60535 1.24809 1.77704 If the CS strengthens by £0.0021 from the value in Table 4.2, what will be the new value of C$ per £1.00? (Do not round your intermediate calculations. Round your answer to 4 decimal places.) per £1.00

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

See similar textbooks

Similar questions

Dollar Peg for Hong Kong. The Hong Kong dollar has long been pegged to the U.S. dollar at HK$7.84/ $. When the Chinese yuan was revalued in July 2005 against the U.S. dollar from Yuan 8.24 /$ to Yuan 8.15/S, how did the value of the Hong Kong dollar change against the yuan? ..... The original HK$/Yuan cross rate was HK$ Yuan. (Round to four decimal places.)
4
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
Question 12 Given the following cross currency rates, identify an arbitrage trade and show the profit if you start with $1,000. (USD = U.S. dollar, SGD = Singapore dollar, CHF = Swiss franc) SGD:USD CHF:USD SGD:CHF 1,045.46 3.00 1.50 2.20
Problem 9-24 (Algo) (LO 9-2) On December 20, 2020, Momeier Company (a U.S.-based company) sold parts to a foreign customer at a price of 145,000 rials. Payment is received on January 10, 2021. Currency exchange rates are as follows: Date December 20, 2020 December 31, 2020 January 10, 2021 U.S. Dollar per Rial $ a. The rial receivable exchange b. The rial receivable exchange 1.24 1.21 1.17 a. How does the fluctuation in the U.S. dollar per rial exchange rate affect Momeier's 2020 income statement? b. How does the fluctuation in the U.S. dollar per rial exchange rate affect Momeier's 2021 income statement? in U.S. dollar value, resulting in a foreign of in 2020. in U.S. dollar value, resulting in a foreign of in 2021
None
ak.3
Exercise 2.12. At the close of business on 20 November 2020, the exchange rate for Australian dollars against the British pound is 1.7148 (GBP is the domestic currency). This means that you get A$1.7148 for £1. The Bank of England rate is 0.5% and the Reserve Bank of Australia rate is 2.5%. Find the 3-months forward price of a Australian dollar (in GBP).
Based on the table below, which currencies appreciated between January and March? Name of Currency Exchange Rate JANUARY $1 = Exchange Rate MARCH $1 = Polish Zloty 4.5 4.08 Mozambique Meticals 62.5 66.00 Albanian Lek 109.08 111.60 Australian Dollar 1.85 1.67 a. Mozambique Metical b. Polish Zloty c. Albanian Lek d. Australian Dollar
On December 20, 2023, Momeier Company (a U.S.-based company) sold parts to a foreign customer at a price of 165,000 rials. Payment is received on January 10, 2024. Currency exchange rates are as follows: DateU.S. Dollar per RialDecember 20, 2023$ 1.26December 31, 20231.23January 10, 20241.19 Required: How does the fluctuation in the U.S. dollar per rial exchange rate affect Momeier's 2023 income statement? How does the fluctuation in the U.S. dollar per rial exchange rate affect Momeier's 2024 income statement? a. The rial receivable exchange b. The rial receivable exchange S in U.S. dollar value, resulting in a foreign of in 2023. in U.S. dollar value, resulting in a foreign of in 2024.
H6
Dollar Peg for Hong Kong. The Hong Kong dollar (HKD) has long been pegged to the U.S. dollar (USD) at HKD7.80 = USD1.00. When the Chinese yuan (CNY) was revalued in July 2005 against the U.S. dollar from CNY8.28 = USD1.00 to CNY8.11 = USD1.00, how did the value of the Hong Kong dollar change against the yuan?

SEE MORE QUESTIONS

Recommended textbooks for you

Essentials Of Investments

Finance

ISBN:

9781260013924

Author:

Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:

Mcgraw-hill Education,

FUNDAMENTALS OF CORPORATE FINANCE

Finance

ISBN:

9781260013962

Author:

BREALEY

Publisher:

RENT MCG

Financial Management: Theory & Practice

Finance

ISBN:

9781337909730

Author:

Brigham

Publisher:

Cengage

Foundations Of Finance

Finance

ISBN:

9780134897264

Author:

KEOWN, Arthur J., Martin, John D., PETTY, J. William

Publisher:

Pearson,

Fundamentals of Financial Management (MindTap Cou…

Finance

ISBN:

9781337395250

Author:

Eugene F. Brigham, Joel F. Houston

Publisher:

Cengage Learning

Corporate Finance (The Mcgraw-hill/Irwin Series i…

Finance

ISBN:

9780077861759

Author:

Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor

Publisher:

McGraw-Hill Education

Essentials Of Investments

Finance

ISBN:

9781260013924

Author:

Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:

Mcgraw-hill Education,

FUNDAMENTALS OF CORPORATE FINANCE

Finance

ISBN:

9781260013962

Author:

BREALEY

Publisher:

RENT MCG

Financial Management: Theory & Practice

Finance

ISBN:

9781337909730

Author:

Brigham

Publisher:

Cengage

Foundations Of Finance

Finance

ISBN:

9780134897264

Author:

KEOWN, Arthur J., Martin, John D., PETTY, J. William

Publisher:

Pearson,

Fundamentals of Financial Management (MindTap Cou…

Finance

ISBN:

9781337395250

Author:

Eugene F. Brigham, Joel F. Houston

Publisher:

Cengage Learning

Corporate Finance (The Mcgraw-hill/Irwin Series i…

Finance

ISBN:

9780077861759

Author:

Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor

Publisher:

McGraw-Hill Education

SEE MORE TEXTBOOKS