The forward price of the Swiss franc for delivery in 45 days is quoted as 1.25...
The forward price of the Swiss franc for delivery in 45 days is quoted as 1.25 CHF per USD. If you convert 1000 CHF into USD at this quote, how much USD will you get? Please write your answer in the format of 1100 or 700, leave the dollar sign out in your answer.
Homework Answers
Add Answer to:
The forward price of the Swiss franc for delivery in 45 days is
quoted as 1.25...
3. The forward price of the Swiss franc for delivery in 50 days is quoted as...
3. The forward price of the Swiss franc for delivery in 50 days is quoted as 1.2000. The future price for a contract that will be delivered in 50 days is 0.85. Explain these two quotes. Which is more favorable for an investor wanting to sell Swiss francs? Why do you think so?
You observe that the spot price of the Swiss franc (CHF) is 1.14 USD/CHF, and that...
You observe that the spot price of the Swiss franc (CHF) is 1.14 USD/CHF, and that the 1 year forward rate is 1.07 USD/CHF. What is the percent forward premium? Enter answer as percent, accurate to 2 decimal places
An importer of Swiss watches has an account payable of CHF750,000 due in 90 days. The...
An importer of Swiss watches has an account payable of CHF750,000 due in 90 days. The following data is available: Rates and prices in US-cents/CHF: Spot rate: 71.42 cents/CHF 90-day forward rate: 71.14 cents/CHF US –dollar 90-day interest rate: 3.75% per year Swiss franc 90-day interest rate: 5.33% per year Option Data in cents/CHF Strike Call Put 70 2.55 1.42 72 1.55 2.40 a) Assess the USD cost to the importer in 90 days if it uses a call option...
3) An importer of Swiss watches has an account payable of CHF750,000 due in 90 days....
3) An importer of Swiss watches has an account payable of CHF750,000 due in 90 days. The following data is available: Rates and prices in US cents/CHF. Spot rate: 71.42 cents/CHF 90-day forward rate: 71.14 cents/CHF US dollar 90-day interest rate: 3.75% per year Swiss franc 90-day interest rate: 5.33% per year Option Data in cents/CHF Strike 70 Call 2.55 1.55 Put 1.42 2.40 a) Assess the USD cost to the importer in 90 days if it uses a call...
The spot exchange rate between the US dollar and Swiss franc is $1.056 per franc. Swiss...
The spot exchange rate between the US dollar and Swiss franc is $1.056 per franc. Swiss banks pay 2.5 percent (annual) interest on their 180-day (6 months) deposits. On similar deposits, American banks pay 1.5 percent (annual.) Assuming that the 180-day forward rate of Swiss franc is $1.045, Do you see an arbitrage opportunity between these two countries? Briefly explain. If your answer were yes, how you would be able to take advantage from it and how much you would...
The Wall Street Journal reported the following spot and forward rates for the Swiss franc ($/SF)....
The Wall Street Journal reported the following spot and forward rates for the Swiss franc ($/SF). Spot $ 0.8215 30-day forward $ 0.8530 90-day forward $ 0.8553 180-day forward $ 0.8600 a. Was the Swiss franc selling at a discount or premium in the forward market? Discount Premium b. What was the 30-day forward premium (or discount) percentage? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) c. What was the 90-day forward...
23) Country Switzerland (Franc) CHF Euro € USD equivalent BID ASK 0.7648 0.7652 1.4000 1.4200 What...
23) Country Switzerland (Franc) CHF Euro € USD equivalent BID ASK 0.7648 0.7652 1.4000 1.4200 What is the ASK cross-exchange rate for Swiss Francs priced in euro? Hint: Find the price that a currency dealer will take in euro to sell Swiss francs. A) €0.5386/CHF B) €0.5466/CHF €0.5389/CHF D) €0.5463/CHF 24) 24) Suppose a bank customer with €1,000,000 wishes to trade out of euro and into Japanese yen. The dollar-curo exchange rate is quoted as $1.70 - €1.00 and the...
28) 28) For a U.S.trader working in American quotes, if the forward price is higher than...
28) 28) For a U.S.trader working in American quotes, if the forward price is higher than the spot price A) then you should buy at the spot, hold on to it and sell at the forward it's a built-in arbitrage. B) the currency is trading at a discount in the forward market. the currency is trading at a premium in the forward market. D) All of the options it really depends if you're talking American or European quotes. 29) 29)...
Use the information below to answer the following questions. Polish Zloty Euro Mexican Peso Swiss Franc...
Use the information below to answer the following questions. Polish Zloty Euro Mexican Peso Swiss Franc Chilean Peso New Zealand Dollar Singapore Dollar U.S. $ EQUIVALENT .2984 1.2288 .0752 1.0235 .002071 .8091 .8014 CURRENCY PER U.S. $ 3.3516 .8138 13.2982 .9770 482.80 1.2360 1.2478 If you have $200, how many Polish zlotys can you get? (Do not include the Polish zlotys sign, Z. Round your answer to 2 decimal places, e.g., 32.16.) Amount How much is one euro worth in...
15 Suppose that the current exchange rate is €1.00 - $1.60. The indirect quote from the...
15 Suppose that the current exchange rate is €1.00 - $1.60. The indirect quote from the US. perspective is A) €0.6250 - $1.00 3) €1.50 - $1.00 €1.00 - $1.60 Dy none of the options 19) The bid price A) is the price that a dealer stands ready to pay B) is the price that a dealer stands ready to sell at. is the price that the dealer has just paid for something, his historical cost of the most recent...
3. The forward price of the Swiss franc for delivery in 50 days is quoted as 1.2000. The future price for a contract that will be delivered in 50 days is 0.85. Explain these two quotes. Which is more favorable for an investor wanting to sell Swiss francs? Why do you think so?
3) An importer of Swiss watches has an account payable of CHF750,000 due in 90 days. The following data is available: Rates and prices in US cents/CHF. Spot rate: 71.42 cents/CHF 90-day forward rate: 71.14 cents/CHF US dollar 90-day interest rate: 3.75% per year Swiss franc 90-day interest rate: 5.33% per year Option Data in cents/CHF Strike 70 Call 2.55 1.55 Put 1.42 2.40 a) Assess the USD cost to the importer in 90 days if it uses a call...
23) Country Switzerland (Franc) CHF Euro € USD equivalent BID ASK 0.7648 0.7652 1.4000 1.4200 What is the ASK cross-exchange rate for Swiss Francs priced in euro? Hint: Find the price that a currency dealer will take in euro to sell Swiss francs. A) €0.5386/CHF B) €0.5466/CHF €0.5389/CHF D) €0.5463/CHF 24) 24) Suppose a bank customer with €1,000,000 wishes to trade out of euro and into Japanese yen. The dollar-curo exchange rate is quoted as $1.70 - €1.00 and the...
28) 28) For a U.S.trader working in American quotes, if the forward price is higher than the spot price A) then you should buy at the spot, hold on to it and sell at the forward it's a built-in arbitrage. B) the currency is trading at a discount in the forward market. the currency is trading at a premium in the forward market. D) All of the options it really depends if you're talking American or European quotes. 29) 29)...
Use the information below to answer the following questions. Polish Zloty Euro Mexican Peso Swiss Franc Chilean Peso New Zealand Dollar Singapore Dollar U.S. $ EQUIVALENT .2984 1.2288 .0752 1.0235 .002071 .8091 .8014 CURRENCY PER U.S. $ 3.3516 .8138 13.2982 .9770 482.80 1.2360 1.2478 If you have $200, how many Polish zlotys can you get? (Do not include the Polish zlotys sign, Z. Round your answer to 2 decimal places, e.g., 32.16.) Amount How much is one euro worth in...
15 Suppose that the current exchange rate is €1.00 - $1.60. The indirect quote from the US. perspective is A) €0.6250 - $1.00 3) €1.50 - $1.00 €1.00 - $1.60 Dy none of the options 19) The bid price A) is the price that a dealer stands ready to pay B) is the price that a dealer stands ready to sell at. is the price that the dealer has just paid for something, his historical cost of the most recent...
Most questions answered within 3 hours.
-
Apply the four-stage New Product Development model shown in page
325 of your text book
(Concept...
asked 2 minutes ago -
An enzyme catalyzes the reaction A ⇌ B. The enzyme is present at
a concentration of...
asked 11 minutes ago -
The number of years of education of self-employed individuals in
the United States has a population...
asked 38 minutes ago -
Using the TI-84 calculator, find the area under the standard
normal curve that lies outside the...
asked 25 minutes ago -
You are considering the purchase of a share of Edie's common
stock. You expect to sell...
asked 27 minutes ago -
Assembly Programming
INCLUDE Irvine32.inc
Make a program that takes a string and a word as inputs...
asked 35 minutes ago -
Can I get a C++ code and output for this program using classes
instead of using...
asked 40 minutes ago -
A 4.0 L flask containing chlorine gas is connected to an
evacuated 3.0 L flask. If...
asked 51 minutes ago -
Write an essay containing your thoughts on
whether corporations should be limited in the amount of...
asked 52 minutes ago -
Given the following two sequences x (n)=[3 , 11,7 ,0 ,−1, 4 ,2
],−3≤n≤ 3 ;...
asked 52 minutes ago -
What is the minimal sample size needed for a 95% confidence
interval to have a maximal...
asked 53 minutes ago -
1. Methods of collecting data - Experiments and direct
observation
In each of the following situations,...
asked 1 hour ago