Question: please choose the correct answer for these two The following FX quotations against USD are available from an international bank: American Terms European Terms Currency

please choose the correct answer for these two
please choose the correct answer for these two The following FX quotations
against USD are available from an international bank: American Terms European Terms

The following FX quotations against USD are available from an international bank: American Terms European Terms Currency Bid Ask Bid Ask AUD 0.6751 0.6756 1.4802 1.4813 CAD 0.7535 0.7536 1.3270 1.3271 A Canadian traveler plans to go to Australia and wants to sell CAD10,000 for AUD. How much AUD will she get? AUD11,163 AUD11,162 AUD11,153 O AUD11.155 Question 22 1 pts A non-deliverable forward contract on KRW5,000,000 has a current price of F(KRW/USD) - 1,150.00. If the spot rate at maturity is S(KRW/USD) - 1.132.99. how much will the short position receive (or pay)? You will receive $4.413.10. O You will receive $4,347.83. You will have to pay KRW 293.944.74. You will have to pay $65.28

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Q:

On the 25th of November 2017, your currency dealer based in the United States provides you with the following quote in direct terms: USD Bank American Terms European Terms Quotations Bid Ask Bid Ask...

Q:

Given the following exchange rates, what should the cross-exchange rate / be? Currency In US$ Per US$ E 1.3221 0.7564 1.1514 0.8685 0.8569 8709 O 1.1483 01.5223 Hon-deliverable forward (NDF)...

Q:

please help asap and ans both please. Question 3 1 pts A non-deliverable forward contract on KRW5,000,000 has a current price of F(KRW/USD) - 1.150.00. If the spot rate at maturity is S(KRW/USD) -...

Q:

please help asap Suppose we have the following quotes: JPY/USD - 107.76, CAD/USD - 1.3270. What is the implied cross rate between the Japanese yen and the Canadian dollar (JPY/CAD)? 142.9975 O...

Q:

international Finance question e) The following table shows foreign exchange quotations of a USA bank. USD American Terms European Terms quotations Bid Ask Bid Ask Pound 1.9712 1.9717 0.5072 0.5073...

Q:

international Finance question. e) The following table shows foreign exchange quotations of a USA bank. USD American Terms European Terms quotations Bid Ask Bid Ask Pound 1.9712 1.9717 0.5072 0.5073...

Q:

Based on the table for the rates published in the US below, find the / cross bid and ask rates and fill in the table. You need to show the steps how you get your answers. (Numbers should be rounded...

Q:

Q1a) Restate the following one-, three-, and six-month outright forward European term bidask quotes in forward points. Spot 1.3431-1.3436 One-Month 1.3432-1.3442 Three-Month 1.3448-1.3463 Six-Month...

Q:

1) The ________ is the mechanism by which participants transfer purchasing power between countries, obtain or provide credit for international trade transactions, and minimize exposure to the risks...

Q:

Assignment 1 CHAPTER 4 THE MARKET FOR FOREIGN EXCHANGE (5 marks) PROBLEMS 1. Using the American term quotes from Exhibit 4.4, calculate a cross-rate matrix for the euro, Swiss franc, Japanese yen,...

Q:

Calculate the book value of a three-year-old machine that cost $25,000, has an estimated residual value of $5,000, and has an estimated useful life of five years. The company uses...

Q:

Suppose thatXis a random variable for which the m.g.f. is as follows: (t) = 1/4 (3et + et ) for

Q:

Ken's manager has given him the following goal: "Profits must be increased in the coming year for employees to recelve a bonus." Which characteristic of an elfective goal is missing? Specific and...

Q:

What is the basic idea of using a decentralized algorithm for distributed mutual exclusion?

Q:

3. Suppose that an economy has 9 million people working full-time. It also has 1 million people who are actively seeking work but currently unemployed as well as 2 million discouraged workers who...

Q:

2. How, in general, can a financial crisis lead to a recession? How, in general, can a major new invention lead to an expansion? LO29.1

Q:

LO29.4 Relate how unanticipated inflation can redistribute real income.