The spot rate between the U.S. dollar and the New Zealand dollar is $1 = NZD1.1867. If the interest rate in the United States is 5 percent and in New Zealand is four percent, then what should be the 3-month forward exchange rate?
Answer to relevant QuestionsThe spot rate between the U.S. dollar and the Taiwan dollar is $1 = TWD29.905. If the interest rate in the United States is five percent and in Taiwan is three percent, then what should be the 1-month forward exchange rate? Convert each of the following direct quotes to dollar indirect quotes:a. 1 Korean won = $0.0009b. 1 Malaysian ringgit = $0.3238c. 1 Thai baht = $0.0331Given these two exchange rates, $1 = 12.268 Mexican pesos and $1 = €0.7624, compute the cross rate between the Mexican peso and the euro. State this exchange rate in pesos and in euros.Describe the difference between a horizontal merger and a vertical merger.What is the job of the trustee in an informal liquidation of a firm’s assets?
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