Travelex, currency exchange in Australia, currently provides the following exchange rates. Currency Symbol Bid Rate Ask...
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Travelex, currency exchange in Australia, currently provides the following exchange rates. Currency Symbol Bid Rate Ask Rate Australian dollar AUD USD0.7383 USD0.8573 Bangladeshi taka BDT AUD0.0167 AUD0.0277 Chinese yuan CNY BDT12.4157 BDT12.8803 Indian rupee INR CNY0.0829 CNY0.0968 Japanese yen JPY INRO.6889 INRO.8382 Malaysian ringgit MYR JPY25.3886 JPY25.8809 New Zealand dollar NZD AUD0.9294 AUD0.9799 Singapore dollar SGD AUD1.0466 AUD1.0801 Thai baht THB AUD0.0449 AUD0.0534 US dollar USD AUD1.3464 AUD1.4571 What is the Bid-ASK percentage spread for MYR in terms of JPY? (enter two decimal places number with no sign or symbol) Answer: The correct answer is: 1.90 The Perth International Co. anticipates 49 million Australian dollars (A$) earnings in Australia next year (i.e, year-one). It expects 57 million Hong Kong dollar (H$), 68 million Singapore dollar (S$) and 76 million New Zealand dollar (NS) incomes of its subsidiaries in Hong Kong, Singapore and New Zealand, respectively, in year-one. It also forecasts H$46 million, S$53 million and N$66 million proceeds of its subsidiaries after two years. The Perth International expects the current exchange rates A$0.2376/HS, A$0.9378/S$ and A$0.7570/N$ will be remaining the same in the next two years. If the subsidiaries remit their revenues to the Australian parent at the end of each year, estimate the value of Perth international based on its 6.55 per cent weighted average cost of capital or required rate of return. Answer: The correct answer is: 269959587 The multinational company Ozi Ltd. anticipates 46 million Australian dollars (A$) incomes from the local business next year. It forecasts next year 81 million Japanese yen (YEN), 52 million Indian rupee (INR) and 38 million Malaysian ringgit (MYR) earnings of its subsidiaries in Japan, Indian and Malaysia, respectively. Due to foreign currency higher interest rate, its subsidiaries invest 58 per cent of their earnings in the country where they reside, and remaining incomes remit to the Australian parent. Calculate the total A$ cash flow if Ozi expects the next year value of YEN, INR and MYR are A$0.0320, A$0.0685 and A$0.6607, respectively. (enter the whole number with no sign or symbol) Answer: The correct answer is: 59129452 The multinational company Ozi Ltd. anticipates 47 million Australian dollars (A$) incomes from the local business next year. It forecasts next year 81 million Japanese yen (YEN), 53 million Indian rupee (INR) and 35 million Malaysian ringgit (MYR) earnings of its subsidiaries in Japan, Indian and Malaysia, respectively. The subsidiaries remit 52 per cent of their proceeds to the Australian parent. Calculate the total AS cash flow if Ozi expects the next year value of YEN, INR and MYR are A$0.0247, A$0.0537 and A$0.6132, respectively. (enter the whole number with no sign or symbol) Answer: The correct answer is: 60680576 Travelex, currency exchange in Australia, currently provides the following exchange rates. Currency Symbol Bid Rate Ask Rate Australian dollar AUD USD0.7281 USD0.8552 Bangladeshi taka BDT AUD0.0167 AUD0.0280 Chinese yuan CNY BDT12.3653 BDT12.7396 Indian rupee INR CNY0.0831 CNY0.0950 Japanese yen JPY INRO.6582 INRO.8356 Malaysian ringgit MYR JPY25.2835 JPY25.7476 New Zealand dollar NZD AUD0.9178 AUD0.9716 Singapore dollar SGD AUD1.0365 AUD1.0786 Thai baht THB AUD0.0432 AUD0.0540 USD AUD1.3554 AUD1.4521 US dollar How much SGD will you receive if you want to sell 3 million NZD? (enter the whole number with no sign or symbol) Answer: 2656439 The correct answer is: 2656440 Travelex, currency exchange in Australia, currently provides the following exchange rates. Currency Symbol Bid Rate Ask Rate Australian dollar AUD USD0.7226 USD0.8678 Bangladeshi taka BDT AUD0.0160 AUD0.0286 Chinese yuan CNY BDT12.2564 BDT12.8883 Indian rupee INR CNY0.0838 CNY0.0950 Japanese yen JPY INRO.6249 INRO.8207 Malaysian ringgit MYR JPY25.2310 JPY25.8964 New Zealand dollar NZD AUD0.9266 AUD0.9865 Singapore dollar SGD AUD1.0208 AUD1.0724 Thai baht THB AUD0.0433 AUD0.0547 USD AUD1.3534 AUD1.4582 US dollar How much AUD will you pay to buy 8 million BDT? (enter the whole number with no sign or symbol) Answer: The correct answer is: 228800 Travelex, currency exchange in Australia, currently provides the following exchange rates. Currency Symbol Bid Rate Ask Rate Australian dollar AUD USD0.7383 USD0.8573 Bangladeshi taka BDT AUD0.0167 AUD0.0277 Chinese yuan CNY BDT12.4157 BDT12.8803 Indian rupee INR CNY0.0829 CNY0.0968 Japanese yen JPY INRO.6889 INRO.8382 Malaysian ringgit MYR JPY25.3886 JPY25.8809 New Zealand dollar NZD AUD0.9294 AUD0.9799 Singapore dollar SGD AUD1.0466 AUD1.0801 Thai baht THB AUD0.0449 AUD0.0534 US dollar USD AUD1.3464 AUD1.4571 What is the Bid-ASK percentage spread for MYR in terms of JPY? (enter two decimal places number with no sign or symbol) Answer: The correct answer is: 1.90 The Perth International Co. anticipates 49 million Australian dollars (A$) earnings in Australia next year (i.e, year-one). It expects 57 million Hong Kong dollar (H$), 68 million Singapore dollar (S$) and 76 million New Zealand dollar (NS) incomes of its subsidiaries in Hong Kong, Singapore and New Zealand, respectively, in year-one. It also forecasts H$46 million, S$53 million and N$66 million proceeds of its subsidiaries after two years. The Perth International expects the current exchange rates A$0.2376/HS, A$0.9378/S$ and A$0.7570/N$ will be remaining the same in the next two years. If the subsidiaries remit their revenues to the Australian parent at the end of each year, estimate the value of Perth international based on its 6.55 per cent weighted average cost of capital or required rate of return. Answer: The correct answer is: 269959587 The multinational company Ozi Ltd. anticipates 46 million Australian dollars (A$) incomes from the local business next year. It forecasts next year 81 million Japanese yen (YEN), 52 million Indian rupee (INR) and 38 million Malaysian ringgit (MYR) earnings of its subsidiaries in Japan, Indian and Malaysia, respectively. Due to foreign currency higher interest rate, its subsidiaries invest 58 per cent of their earnings in the country where they reside, and remaining incomes remit to the Australian parent. Calculate the total A$ cash flow if Ozi expects the next year value of YEN, INR and MYR are A$0.0320, A$0.0685 and A$0.6607, respectively. (enter the whole number with no sign or symbol) Answer: The correct answer is: 59129452 The multinational company Ozi Ltd. anticipates 47 million Australian dollars (A$) incomes from the local business next year. It forecasts next year 81 million Japanese yen (YEN), 53 million Indian rupee (INR) and 35 million Malaysian ringgit (MYR) earnings of its subsidiaries in Japan, Indian and Malaysia, respectively. The subsidiaries remit 52 per cent of their proceeds to the Australian parent. Calculate the total AS cash flow if Ozi expects the next year value of YEN, INR and MYR are A$0.0247, A$0.0537 and A$0.6132, respectively. (enter the whole number with no sign or symbol) Answer: The correct answer is: 60680576 Travelex, currency exchange in Australia, currently provides the following exchange rates. Currency Symbol Bid Rate Ask Rate Australian dollar AUD USD0.7281 USD0.8552 Bangladeshi taka BDT AUD0.0167 AUD0.0280 Chinese yuan CNY BDT12.3653 BDT12.7396 Indian rupee INR CNY0.0831 CNY0.0950 Japanese yen JPY INRO.6582 INRO.8356 Malaysian ringgit MYR JPY25.2835 JPY25.7476 New Zealand dollar NZD AUD0.9178 AUD0.9716 Singapore dollar SGD AUD1.0365 AUD1.0786 Thai baht THB AUD0.0432 AUD0.0540 USD AUD1.3554 AUD1.4521 US dollar How much SGD will you receive if you want to sell 3 million NZD? (enter the whole number with no sign or symbol) Answer: 2656439 The correct answer is: 2656440 Travelex, currency exchange in Australia, currently provides the following exchange rates. Currency Symbol Bid Rate Ask Rate Australian dollar AUD USD0.7226 USD0.8678 Bangladeshi taka BDT AUD0.0160 AUD0.0286 Chinese yuan CNY BDT12.2564 BDT12.8883 Indian rupee INR CNY0.0838 CNY0.0950 Japanese yen JPY INRO.6249 INRO.8207 Malaysian ringgit MYR JPY25.2310 JPY25.8964 New Zealand dollar NZD AUD0.9266 AUD0.9865 Singapore dollar SGD AUD1.0208 AUD1.0724 Thai baht THB AUD0.0433 AUD0.0547 USD AUD1.3534 AUD1.4582 US dollar How much AUD will you pay to buy 8 million BDT? (enter the whole number with no sign or symbol) Answer: The correct answer is: 228800
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To find the BidAsk percentage spread for MYR in terms of JPY we need to calculate the difference between the ask rate and the bid rate and then divide it by the ask rate The ask rate for MYR in terms ... View the full answer
Related Book For
Spreadsheet Modeling & Decision Analysis A Practical Introduction to Management Science
ISBN: 978-0324656633
5th edition
Authors: Cliff T. Ragsdale
Posted Date:
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