Forward cross-rates in German terms
Compute 30-, 90-, and 180-day forward cross exchange rates between German mark and Swiss franc by utilizing the most recent quotations. Specify forward cross-rates in “German” terms.
Expert
The formulas which is used are:
FN(DM/SF) = FN($/SF)/FN($/DM)
or
FN(DM/SF) = FN(SF/$)/FN(DM/$).
The top formula which uses the American term forward exchange rates are:
F30(DM/SF) = .6408/.5246 = 1.2215
F90(DM/SF) = .6453/.5270 = 1.2245
F180(DM/SF) = .6518/.5307 = 1.2282
What is Account. Explain briefly.
Give me answer of this question. The prime interest rate usually: A) rises when the Federal funds rate rises. B) rises when the discount rate falls. C) falls when the Federal funds rate rises. D) falls when the Fed sells bonds in the open market
Read the case study entitled ‘Drug-Free and Alcohol-Free at Monochem, Inc. and answer the following questions. 1) Suppose John has developed the ethical codes for the company with an objective of creating a d
What are MIS reports and do you made it?
What is country risk and how it is different from the political risk?
Define the term Assets in Accounting?
The following information is taken from the financial statements of an entity: 20x4 20x3 Property, plant and equipment $4,600,000 $4,200,000 Accumulated depreciation (1,800,000) (1,350,000) Depreciation expense 560,000 Gain on disposal of PPE 65,000 The asset disposed of had a cost
Define transaction exposure and explain how it is different from the economic exposure?
Digital signal processing appears like a nightmare for students as it is most difficult and tricky subject in engineering core curriculum. If you are getting troubles in digital signal processing assignment or related project, then move
What is the Definition of Ledger in terms of Accountancy?
18,76,764
1925551 Asked
3,689
Active Tutors
1434973
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!