Question: Kindly answer the task2 with the changes made in the attachment. Please need help in this asap and need the answer based on the changes
Kindly answer the task2 with the changes made in the attachment. Please need help in this asap and need the answer based on the changes made of euro and pound.

74% un 10:16 4G 50lt. GAC6011 WRIT2 Assessment Task This assessment requires the students to complete two tasks equivalent to 2000 words. Task 1: 1400 words, 70 marks Financial system in a country contains many functions. Some of these are spot market trading, determining rate of return and capital allocation efficiency. The student is required to: . Write an introduction contains overview on financial system and functions. Critically discuss spot market trading. Critically explain determining rate of return. Critically discuss capital allocation efficiency Proper conclusion giving summary and opinion. (200 words) (300 words) (400 words) (300 words) (200 words) Task 2: 600 words, 30 marks f While you are in London, you purchased a Jaguar for 35,000 payable on three months. You have enough cash in New York that pays 0.35% interest rate and the spot exchange rate is $1.45/ and the three-month forward exchange rate is $1.40/. In London, the interest rate is 2% for a three-month investment. There are two alternative ways to pay for the Jaguar: 1 Keep the fund at your bank in US and buy 35,000 forward. 2- Buy a certain Pound amount spot today and invest the amount in UK for three months so the money value become equal to 35,000 The student required to: Write an introduction on spot and forward exchange. (200 words) Evaluate option A and option B regarding dollars with detailed explanation (300 marks) Write conclusion containing your preference and your advice (100 words) ***END OF ASSIGNMENT TASK*** Pg. 6 | Version 1
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