Question
I did get an answer for part 1, i want to confirm the values for part 1, as well i need part 2 and 3 answered or the steps given as i do not know how to proceed. (this is all one question)
5. Use the table to answer the following questions Pound: S/£ Bid Ask Spot 1.4481 1.4487 Forward 1 month -26 -24 6 months -16
0 0
Add a comment Improve this question Transcribed image text
Answer #1

part I 1.4487 1.4481 -24 - 26 Im F 1.4455 1.4463 - 154 Gm F - 160 - 1.4309 - 1-4321 part 2! Casi) pound - n00f months imfas xpart 3 :- $. (Bid) 12 Loo I month - 61mF imp 12 1.4481 - 1.4455 X100 * + - 1.4455 453 = 2.1584.4 6mooth of S-6MF non X 100 X

Add a comment
Know the answer?
Add Answer to:
I did get an answer for part 1, i want to confirm the values for part...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Pound: Spot and Forward Mid Rates Bid Ask 14484 14481 14487 Yen: Spot and Forward 15)...

    Pound: Spot and Forward Mid Rates Bid Ask 14484 14481 14487 Yen: Spot and Forward 15) Mid Rates Bid Ask Spot 129.87 129.82 129.92 Forward Rates 1 month 129.68 -20 -18 6 months 128.53 -136 -132 Swaps 2 year 117.65 1232 1212 3 year 115.50 1452 1422 1.4459 1.4327 -24 -154 -160 1.4250 1.4225 -238 -265 -230 -253 Refer to the above Table. The current spot rate of dollars per pound as quoted in a newspaper is A £1.4484/$: $0.6904/£...

  • Question 4 (total of 50 points) A. Use Table 4.1 for the spot and forward bid-ask...

    Question 4 (total of 50 points) A. Use Table 4.1 for the spot and forward bid-ask rates for the Japanese yen/U.S dollar (/S) exchange rate to answer the following questions. Table 4.1. Spot and Forward Bid-ask Rates Period Days Forward Bid Rate Ask Rate spot l month 6 months 24 months 30 180 720 114.23 113.82 112.05 106.83 114.27 113.87 112.11 106.98 1. Calculate the mid-rates from the bid-ask rate quotes 2. Calculate the forward premium on the different maturities...

  • Assume the quotes indicated below are from a dealer in the NY currency market. Forward prices...

    Assume the quotes indicated below are from a dealer in the NY currency market. Forward prices are quoted as the absolute forward premium or discount (not percentage) in basis points (one basis point = .0001). Part 1. Forward exchange rates 1a. If the dealer’s spot market quotes for the British pound (£) are 1.3195 1.3200, and the dealer’s 6-month forward quotes for the euro are: -20 -12, what are the dealer’s effective 6-month forward bid and ask prices for the...

  • Assume the quotes indicated below are from a dealer in the NY currency market. Forward prices...

    Assume the quotes indicated below are from a dealer in the NY currency market. Forward prices are quoted as the absolute forward premium or discount (not percentage) in basis points (one basis point = .0001). Part 1. Forward exchange rates 1a. If the dealer’s spot market quotes for the British pound (£) are 1.3195 1.3200, and the dealer’s 6-month forward quotes for the euro are: -20 -12, what are the dealer’s effective 6-month forward bid and ask prices for the...

  • I need the forward rate calculate for all the options from 1 month to 24 months...

    I need the forward rate calculate for all the options from 1 month to 24 months like the above IASk On Aussie Dollar orward. Use the following spot and forward bid-ask rates or the US. dollar/Australian dollar (US$ A$1.00) exchange rate tro a. What is the midrate for each maturity? b. What is the annual forward premium for all maturities? c. Which maturities have the smallest and largest forward premiums? (Click on the icon to import the table into a...

  • I need questions 8 through 11 answered. Use the table below to answer the next 4...

    I need questions 8 through 11 answered. Use the table below to answer the next 4 questions Wednesday, October 22, 2014 U.S.-dollar foreign-exchange rates in late New York trading IN USS PER US$ Country/currency Wed Wed Australian dollar 0.8778 1.1392 1-mos forward 0.8759 1.1417 3-mos forward 0.8721 1.1467 6-mos forward 0.8665 1.1540 0.1635 0.1289 0.01634 China yuan Hong Kong dollar India rupee Indonesia rupiah UK pound 1-mos forward 3-mos forward 6.1160 7.7572 61.19995 12018 0.6231 0.6232 0.0000832 1.6050 1.6046 1.6038...

  • Use the following spot and forward bid-ask rates for the Australian dollar/U.S. dollar exchange rate from...

    Use the following spot and forward bid-ask rates for the Australian dollar/U.S. dollar exchange rate from 2020. Calculate the annual forward premium on AUD for all maturities AUD/USD Spot: Bid=0.6709 and Ask= 0.6705 Bid Ask AUD/USD Spot 0.6709 0.6705 AUD/USD 1-Month Forward 3.267 3.893 AUD/USD 2-Month Forward 7.4 7.6 AUD/USD 3-Month Forward 9.969 11.731 AUD/USD 6-Month Forward 21.4 21.9 AUD/USD 1-Year Forward 41.3 42.3 AUD/USD 2-Year Forward 65.4 70.4

  • Dollar/Euro Forwards. Use the following spot and forward​ bid-ask rates for the U.S.​ dollar/euro ​(US$/euro€​) from...

    Dollar/Euro Forwards. Use the following spot and forward​ bid-ask rates for the U.S.​ dollar/euro ​(US$/euro€​) from December ​10, 2010, to answer the following​ questions: a. What is the​ mid-rate for each​ maturity? b. What is the annual forward premium for all​ maturities? c. Which maturities have the smallest and largest forward​ premiums? Period Bid Rate Ask Rate spot 1.32311.3231 1.32321.3232 1 month 1.32301.3230 1.32311.3231 2 months 1.32281.3228 1.32291.3229 3 months 1.32241.3224 1.32271.3227 6 months 1.32151.3215 1.32181.3218 12 months 1.31941.3194 1.31981.3198...

  • question 3 and 4(just part C) Thank you. 3. Forward Exchange Rates If the $/€ spot...

    question 3 and 4(just part C) Thank you. 3. Forward Exchange Rates If the $/€ spot rate is $1.14/€ and three-month fc $1.15/€? Is the dollar selling at a premium or a discount? Explain. 4. Using Spot and Forward Exchange Rates Suppose the spot exchange rate for the South African rand is R15/£ and the six-month forward rate is R16/£. (a) Which is worth more, the British pound or the South African rand? (b) Assuming absolute PPP holds, what is...

  • Problem 1 The following quotes are given for CAD/EUR: 1.4530/14535, 15-10, 22-14,30-20 for the spot, one...

    Problem 1 The following quotes are given for CAD/EUR: 1.4530/14535, 15-10, 22-14,30-20 for the spot, one month, three months and six months forward contracts. a) calculate the outright quotations and the spread for the spot rate and the 3-month forward contract. b) how is the spread related to time to maturity of the forward contract? c) determine the percentage premium/ discount of the Canadian dollar with respect to the euro for the 3 months ask rates (annualized).

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT