Which of the following options strategies are

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53.Which of the following options strategies are internally consistent? A. Sell puts and buy callsB. Buy puts and sell callsD. Both a and b
54.A Japanese EXPORTER has a €1,000,000 receivable due in one year. Detail a strategy using options that will eliminate exchange rate risk.
55.A Japanese EXPORTER has a €1,000,000 receivable due in one year.Estimate the cost today of an options strategy that will eliminate exchange rate risk.
56.A Japanese IMPORTER has a $1,250,000 PAYABLE due in one year.
57.A Japanese IMPORTER has a €1,000,000 PAYABLE due in one yearThe one-year risk free rates are i$ = 4.03%; i€ = 6.05%; and i¥ = 1%. Detail a strategy using forward contractsthat will hedge his exchange rate risk. Have an estimate of how many contracts of what type.
58.XYZ Corporation, located in the United States, has an accounts payable obligation of ¥750 million payable in one year to a bank in Tokyo. Which of the following is NOT part of a money market hedge?
59.XYZ Corporation, located in the United States, has an accounts payable obligation of ¥750 million payable in one year to a bank in Tokyo. The current spot rate is ¥116/$1.00 and the one year forward rate is ¥109/$1.00. The annual interest rate is 3 percent in Japan and 6 percent in the United States. XYZ can also buy a one-year call option on yen at the strike price of $0.0086 per yen for a premium of 0.012 cent per yen. The future dollar cost of meeting this obligation using the money market hedge is
60.XYZ Corporation, located in the United States, has an accounts payable obligation of ¥750 million payable in one year to a bank in Tokyo. The current spot rate is ¥116/$1.00 and the one year forward rate is ¥109/$1.00. The annual interest rate is 3 percent in Japan and 6 percent in the United States. XYZ can also buy a one-year call option on yen at the strike price of $0.0086 per yen for a premium of 0.012 cent per yen. The future dollar cost of meeting this obligation using the forward hedge is
61.To hedge a foreign currency payable,
62.To hedge a foreign currency receivable,
63.A call option on £1,000 with a strike price of €1,250 is equivalent to

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