30-day forward $0.8244
90-day forward $0.8295
180-day forward $0.8343
a) Was the 30 - day forward a discount or premium?
b) Suppose you executed a 90 day forward contract to exchange 100,000 Swiss Francs (SF) into U.S. dollars. How many dollars would you get 90 days hence?
c) Find the current exchange rates for ten countries from around the world. List the name of each country, Capital City, exchange rate per U.S. dollar and what will be the total amount in local currency (for those countries you have selected) if you exchange $800. Make sure to cite your work.
Recently Asked Questions
- Calculate the monthly payment, the total amount paid over the term of the loan, the total amount of interest paid over the term of the loan, and finally what
- Suppose you wish to borrow $240,000 for a home with an APR of 6.25%. You know that a 15-year home loan is beyond your reach due to your budget restrictions,
- The following table shows the expenses and payments for 2 months on a credit card account with an initial balance of $744. Assume that the interest rate is 1%