A what is the russian rubleeuro cross rate cross rate

This preview shows page 3 - 7 out of 12 pages.

a) What is the Russian ruble/euro cross rate?
b) How many rubles will you obtain for your euros?
Problem 5.6 Moscow to Tokyo After spending a week in Moscow you get an email from your friend in Japan. He can get you a really good deal on a plane ticket and wants you to meet him in Tokyo next week to continue your post-graduation celebratory trip. You have 450,000 rubles left in your money pouch. In preparation for the trip you want to exchange your Russian rubles for Japanese yen so you get the following quotes: Spot rate on the rubles/dollar cross rate Rbl 30.96/$ Spot rate on the yen/dollar cross rate ¥84.02/$ a. What is the Russian ruble/yen cross rate? b. How many yen will you obtain for your rubles?
a) What is the Russian ruble/yen cross rate?
¥/$ b) How many yen will you obtain for your rubles?
Problem 5.8 Bloomberg Currency Cross Rates Use the following cross rate table from Bloomberg to answer the following questions. Currency USD EUR JPY GBP CHF CAD HKD 7.7736 10.2976 0.0928 12.2853 7.9165 7.6987 AUD 1.015 1.3446 0.0121 1.6042 1.0337 1.0053 CAD 1.0097 1.3376 0.0121 1.5958 1.0283 0.9948 CHF 0.9819 1.3008 0.0117 1.5519 0.9725 0.9674 GBP 0.6328 0.8382 0.0076 0.6444 0.6267 0.6234 JPY 83.735 110.9238 132.3348 85.2751 82.9281 82.4949 EUR 0.7549 0.009 1.193 0.7688 0.7476 0.7437 USD 1.3247 0.0119 1.5804 1.0184 0.9904 0.9852 Quote Calculated a. Japanese yen per US dollar? AUD HKD 7.6584 0.1306 0.1299 0.1263 0.0814 10.7718 0.0971 0.1286
b. US dollars per Japanese yen? 0.0119 0.0119 c. US dollars per euro?
d. Euros per US dollar?
e. Japanese yen per euro?
f. Euros per Japanese yen?
g. Canadian dollars per US dollar?
h. US dollars per Canadian dollar?
i. Australian dollars per US dollar?
j. US dollars per Australian dollar?
k. British pounds per US dollar?
l. US dollars per British pound?
m. US dollars per Swiss franc?
n. Swiss francs per US dollar?
Problem 5.9 Dollar/Euro Forwards Use the following spot and forward bid-ask rates for the U.S. dollar/euro (US$/€) exchange rate from December 10, 2010, to answer the following questions: US$/US$/Period Bid Rate Ask Rate spot 1.3231 1.3232 1 month 1.3230 1.3231 2 months 1.3228 1.3229 3 months 1.3224 1.3227 6 months 1.3215 1.3218 12 months 1.3194 1.3198 24 months 1.3147 1.3176 a. What is the mid-rate for each maturity? b. What is the annual forward premium for all maturities? c. Which maturities have the smallest and largest forward premiums?

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture