--%>
Assignment Help - homework help

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.

E

Expert

Verified

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

   Related Questions in Financial Accounting

  • Q : What are Impersonal accounts What are

    What are Impersonal accounts and how it is classified?

    		•
  • Q : Prepare journal entry to record

    On December 31, 20x1, the Juniper Company purchase a group of four assets for a total cost of $850,000. An independent appraiser assesses the fair value of each asset as follows: Asset Fair Value Land $100,000 Building 600,000 Equipment 250

    		•
  • Q : Prepare the balance sheet At the end of

    At the end of March, 2006 the balances in the various accounts of TTTTT & Company are as follows: Rs. in million Accounts Balance Equity capital 120 Preference capital 30 Fixed assets (net) 217 Reserves and surplus 200 Cash

    		•
  • Q : Issuing dual currency bonds What

    What borrower must consider before issuing the dual currency bonds?

    		•
  • Q : Essential condition for

    Specify the essential condition for the fixed-for-floating interest rate swap to be possible?

    		•
  • Q : Historical Cost of Fixed Assets What

    What are the Historical Cost of Fixed Assets?

    		•
  • Q : PPE The following information is taken

    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

    		•
  • Q : International foreign and domestic trade

    Explain some of the reasons why international foreign trade is difficult and risky from the perspective of exporter than is domestic trade.

    		•
  • Q : Please help me he following information

    he 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

    		•
  • Q : Foreign bonds and Eurobonds List some

    List some of the differences between the foreign bonds and Eurobonds and also describe why Eurobonds make up lion’s share of the international bond market.

    		•