b) Is the Japanese yen at a forward premium or forward discount relative to the US dollar?
c) What was the spot rate on March 14, 2006 (exactly one year ago). Comparing that to the current quote ,has the Japanese dollar appreciated or depreciated?
d) If you expect to be paid 100 million yen by a Japanese buyer in 90 days, is there any simple way to hedge the risk arising from this future payment based on the data you have seen so far?
Use wall street journal or the financial times, and the pacific exchange rate service at http://fx.sauder,ubc.ca/
Recently Asked Questions
- When talking about Economics and the history of it. For the past recessions the U.S. has had, do we look at it mostly on the loan side of the banks or what
- Can you please help me solve this question? I cant figure out the solution to the problem below.
- Planning for a major redesign, Beth collected data at her store on several consecutive Saturday mornings. She noticed that customers arrived at the checkout at