Question: please help mr and write out the steps Given that the DM price of the ECU was 2.0583 and the DG price of the ECU
Given that the DM price of the ECU was 2.0583 and the DG price of the ECU was 2.3194. Then the DG price of the DM by cross rates is given by: a. DM = about 4.73 DG. b. DM = about .26 DG. c. DM = about 1.13 DG.odno d. DM = about .89 DG. The spot and 30-day forward rates ($/SF) for the Swiss franc are $.3075 (1.0695) and $.3120(1.0885), respectively. The franc is said to be selling at a forward: a. Premium of 16.88%. b. Premium of 17.56%. c. Discount of 6.39%. d. Discount of 15.10%. e. Discount of 17.31 . Given that C$/U$ = 1.5938 (1.2525) and Y/U$ = 133.30 (119.14), then the yen price of one Canadian dollar is given by: a. 83.64 b. 0.011956 c. 212.45 d. 0.4707 e. None of the above
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