Homework Answers
a.
cross rate
=80*1.64
=131.20
b.
arbitrage profit
=(136-131.2)*1.64
=7.872
the above is answer..
Add Answer to:
Suppose the Japanese yen exchange rate is ¥80 = $1, and the British pound exchange rate...
Suppose the Japanese yen exchange rate is ¥78.47 = $1, and the British pound exchange rate...
Suppose the Japanese yen exchange rate is ¥78.47 = $1, and the British pound exchange rate is £1 = $1.57. a. What is the cross-rate in terms of yen per pound? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Do not include the yen sign (¥).) Cross-rate ¥ b. Suppose the cross-rate is ¥125 = £1. What is the arbitrage profit per dollar? (Do not round intermediate calculations and round your answer to...
Suppose the Japanese yen exchange rate is ¥70.47 = $1, and the British pound exchange rate...
Suppose the Japanese yen exchange rate is ¥70.47 = $1, and the British pound exchange rate is £1 = $1.50. a. What is the cross-rate in terms of yen per pound? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Do not include the yen sign (¥).) Cross-rate ¥ b. Suppose the cross-rate is ¥109 = £1. What is the arbitrage profit per dollar? (Do not round intermediate calculations and round your answer to...
Suppose the Japanese yen exchange rate is ¥77 = $1, and the British pound exchange rate...
Suppose the Japanese yen exchange rate is ¥77 = $1, and the British pound exchange rate is £1 = $1.61. a. What is the cross-rate in terms of yen per pound? (Round your answer to 2 decimal places, e.g., 32.16.) Cross-rate ¥/£ b. Suppose the cross-rate is ¥126 = £1. What is the arbitrage profit per dollar used?
Use the information in the table below to answer the following questions: Japanese yen 6-mos forward...
Use the information in the table below to answer the following questions: Japanese yen 6-mos forward British pound 3-mos forward in U.S. S 009232 .009318 1.5863 1.5855 per U.S. 108.32 107.32 6304 .6307 a. The six-month forward rate for the Japanese yen is per U.S. dollar. The yen is selling at a premium because it is more expensive in the forward market than in the spot market. (Do not round intermediate calculations and round your answer to 2 decimal places,...
4. Suppose that 1 British pound exchanges for 1.4 U.S. dollars and 100 Japanese yen. Over...
4. Suppose that 1 British pound exchanges for 1.4 U.S. dollars and 100 Japanese yen. Over the next decade, Japanese prices remain constant, while inflation doubles American prices, and uadruples British prices. What would the purchasing-power parity theory lead one to expect about the exchange rates between the three currencies 10 years hence?
Suppose a Polish zloty is selling for $0.3465 and a British pound is selling for $1.5058....
Suppose a Polish zloty is selling for $0.3465 and a British pound is selling for $1.5058. What is the exchange rate (cross rate) of the Polish zloty to the British pound? That is, how many Polish zlotys are equal to a British pound? (Do not round intermediate calculations. Round your answer to 4 decimal places.) Exchange rate zloty/pound
Use the information in the table below to answer the following questions: in U.S. $...
Use the information in the table below to answer the following questions: in U.S. $ per U.S. $ Japanese yen .009224 108.41 6-mos forward .009313 107.38 British pound 1.5848 .6310 3-mos forward 1.5833 .6316 a. The six-month forward rate for the Japanese yen is per U.S. dollar. The yen is selling at a (Click to select)discountpremium because it is (Click to select)less expensivemore expensive in the forward...
Problem 31-9 Exchange Rate Risk Suppose your company imports computer motherboards from Singapore. The exchange rate...
Problem 31-9 Exchange Rate Risk Suppose your company imports computer motherboards from Singapore. The exchange rate is currently 1.2857 S$/US$. You have just placed an order for 26,000 motherboards at a cost to you of 231.50 Singapore dollars each. You will pay for the shipment when it arrives in 90 days. You can sell the motherboards for $196 each. What is your profit at the current exchange rate? (Do not round intermediate calculations and round your answer to 2...
Suppose we have the following exchange rate quotes: in US$ per US$ Euro area (€)...
Suppose we have the following exchange rate quotes: in US$ per US$ Euro area (€) 1.3455 .7432 Mexico (Ps) .0781 12.8113 a. If you have $225, you can get euros. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Use the €/$ exchange rate in your calculation.) b. One euro is worth $ . (Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.) c. If you...
Suppose your company imports computer motherboards from Singapore. The exchange rate is currently 1.2829 S$/US$. You...
Suppose your company imports computer motherboards from Singapore. The exchange rate is currently 1.2829 S$/US$. You have just placed an order for 29,000 motherboards at a cost to you of 237.00 Singapore dollars each. You will pay for the shipment when it arrives in 90 days. You can sell the motherboards for $195 each. What is your profit at the current exchange rate? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) ...
Use the information in the table below to answer the following questions: Japanese yen 6-mos forward British pound 3-mos forward in U.S. S 009232 .009318 1.5863 1.5855 per U.S. 108.32 107.32 6304 .6307 a. The six-month forward rate for the Japanese yen is per U.S. dollar. The yen is selling at a premium because it is more expensive in the forward market than in the spot market. (Do not round intermediate calculations and round your answer to 2 decimal places,...
4. Suppose that 1 British pound exchanges for 1.4 U.S. dollars and 100 Japanese yen. Over the next decade, Japanese prices remain constant, while inflation doubles American prices, and uadruples British prices. What would the purchasing-power parity theory lead one to expect about the exchange rates between the three currencies 10 years hence?
Suppose a Polish zloty is selling for $0.3465 and a British pound is selling for $1.5058. What is the exchange rate (cross rate) of the Polish zloty to the British pound? That is, how many Polish zlotys are equal to a British pound? (Do not round intermediate calculations. Round your answer to 4 decimal places.) Exchange rate zloty/pound
Most questions answered within 3 hours.
-
How does a leadership philosophy shape service delivery in a
human services organization?
asked 1 minute ago -
You roll a fair 6-sided dice, let Y be the outcome of the dice
roll. Then...
asked 3 minutes ago -
Which of the following statements about hormonal regulation of
glycogen synthesis and degradation are correct?
Multiple...
asked 6 minutes ago -
1. Describe all
necessary steps and conditions for execution of a java".
2. What
is maven...
asked 18 minutes ago -
Use C programe to :
Develop an algorithm, flow chart and write a C program to...
asked 8 minutes ago -
What is the temperature of a 3.5L container with 1.502 mol
carbon dioxide at 10.76 atm?...
asked 13 minutes ago -
A dragster makes a pass down a track in exactly 7.03 seconds.
You do not know,...
asked 18 minutes ago -
What evidence can you provide to illustrate why
crowdsourcing is able to reduce system development costs?...
asked 22 minutes ago -
If the value of the range is equal to zero, then this indicates
that:
A. there...
asked 24 minutes ago -
Hi, I was wondering if I could get some help on a java program
that I...
asked 29 minutes ago -
Given is the peptide Ala-Lys-Lys-Asp-Phe
1) what is the pI for this peptide? show your
calculations!...
asked 33 minutes ago -
Discuss the benefits of Inventory, Reservation,
& Menu Management Systems. Assuming you are the Manager for...
asked 38 minutes ago