Question: (Indirect quotes) The data for the following problem is given in the popup window: Country - Currency contract $/ Foreign Currency Canada - dollar Spot
(Indirect quotes) The data for the following problem is given in the popup window:
| Country - Currency | contract | $/ Foreign Currency |
| Canada - dollar | Spot | .8545 |
| 30-day | .8525 | |
| 90-day | .8503 | |
| Japan - yen | spot | .004721 |
| 30-day | .004754 | |
| 90-day | .004818 | |
| Switzerland - franc | spot | .5268 |
| 30-day | .5298 | |
| 90-day | .5444 |
Compute the indirect quote for the spot and forward Canadian dollar, yen, and Swiss franc contracts.
a.The indirect quote for the spot Canadian dollar contract is_ C$/$. (Round to four decimal places.)
The indirect quote for the 30-day Canadian dollar contract is_ C$/$. (Round to four decimal places.)
The indirect quote for the 90-day Canadian dollar contract is_ C$/$. (Round to four decimal places.)
b.The indirect quote for the spot Japanese yen contract is_ /$. (Round to six decimal places.)
For the 30-day Japanese yen contract the indirect quote is_ /$. (Round to six decimal places.)
For the 90-day Japanese yen contract the indirect quote is_ /$. (Round to six decimal places.)
c.The indirect quote for the spot Swiss franc contract is_ SFr/$. (Round to four decimal places.)
The indirect quote for the 30-day Swiss franc contract is_ SFr/$. (Round to four decimal places.)
The indirect quote for the 90-day Swiss franc contract is_ SFr/$. (Round to four decimal places.)
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