Data analysis and descriptive statistics
Problem: Please complete a paper about currency exchange rates using data analysis and descriptive statistics. Must have in-text citation. Please reference all sources used.
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As a foreign exchange trader at Sumitomo Bank, one of your customers would like a yen quote on Australian dollars. Current market rates are:
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Please complete a paper about currency exchange rates using data analysis and descriptive statistics.
Please calculate the compound amounts in HK dollars in one year's time respectively.
How is economic exposure different from transaction exposure? Please give an example of each.
What was the foreign exchange loss incurred on the transaction?
If the franc appreciated 10% tomorrow against the dollar, how many francs would a dollar buy tomorrow?
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