Required: Using the American term quotes from Exhibit 5.7, calculate the one-, three-, and six-month forward...
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Required: Using the American term quotes from Exhibit 5.7, calculate the one-, three-, and six-month forward cross-exchange rates between the Australian dollar and the Swiss franc. State the forward cross-rates in "Australian" terms. Note: Round your answers to 4 decimal places. Exhibit 5.7 Exchange Rates Currencies January 31, 2022 U.S.-dollar foreign-exchange rates in late New York trading Monday Country/ Currency Americas Argentina peso Brazil real Canada dollar Chile peso Colombia peso Costa Rica colon Ecuador US dollar Mexico peso Peru new sol Asia-Pacific Australian dollar 1-mos forward 3-mos forward 6-mos forward China yuan Hong Kong dollar India rupee Indonesia rupiah Japan yen 1-mos forward 3-mos forward 6-mos forward Malaysia ringgit New Zealand dollar Philippines peso Singapore dollar South Korea won Taiwan dollar Thailand baht Vietnam dong In USS 0.0095 0.1883 0.7869 0.001249 0.000254 0.001556 1 0.0485 0.2601 0.7067 0.7068 0.7071 07077 0.1572 0.1283 0.01340 0.0000696 0.00869 0.00869 0.00870 0.00872 0.2389 0.6576 0.01962 0.7400 0.0008268 0.03593 0.03009 0.00004 Per USS 105.02 5.3102 1.2708 800.60 3942.5 642.73 I 20.635 3.845 1.4150 1.4149 1.4143 14131 6.3612 7.7974 74.622 14368 115.11 115.09 114.98 114.70 4.1855 1.3206 50.975 1.3513 1209.5 27.835 33.238 22649.7 Europe Czech Rep. koruna Denmark krone Euro area euro 1-mos forward 3-mos forward 6-mos forward Hungary forint Norway Krone Poland zloty Russia ruble Sweden krona Switzerland franc 1-mos forward 3-mos forward 6-mos forward Turkey lira UK pound 1-mos forward 3-mos forward 6-mos forward Middle East/Africa Bahrain dinar Egypt pound Israel shekel Jordan dinar Kuwait dinar Nigeria naira Saudi Arabia riyal South Africa rand UAE dirham 0.04616 0.1499 1.1235 1.1241 1.1260 1.1299 0.00316 0.1124 0.24515 0.01293 0.1073 1.0785 1.0793 1.0815 1.0857 0.0752 1.3447 1.3444 1.3441 1.3435 2.6527 0.0636 0.3159 1.4105 3.3002 0.00241 0.2665 0.0650 0.2723 21.666 6.6708 0.8901 0.8896 0.8881 0.8851 316.19 8.8963 4.0791 77.312 9.3230 0.9272 0.9265 0.9247 0.9211 13.304 0.7437 0.7438 0.7440 0.7443 0.3770 15.722 3.1653 0.7090 0.3030 415.26 3.7519 15.387 3.6730 Required: Using the American term quotes from Exhibit 5.7, calculate the one-, three-, and six-month forward cross-exchange rates between the Australian dollar and the Swiss franc. State the forward cross-rates in "Australian" terms. Note: Round your answers to 4 decimal places. Exhibit 5.7 Exchange Rates Currencies January 31, 2022 U.S.-dollar foreign-exchange rates in late New York trading Monday Country/ Currency Americas Argentina peso Brazil real Canada dollar Chile peso Colombia peso Costa Rica colon Ecuador US dollar Mexico peso Peru new sol Asia-Pacific Australian dollar 1-mos forward 3-mos forward 6-mos forward China yuan Hong Kong dollar India rupee Indonesia rupiah Japan yen 1-mos forward 3-mos forward 6-mos forward Malaysia ringgit New Zealand dollar Philippines peso Singapore dollar South Korea won Taiwan dollar Thailand baht Vietnam dong In USS 0.0095 0.1883 0.7869 0.001249 0.000254 0.001556 1 0.0485 0.2601 0.7067 0.7068 0.7071 07077 0.1572 0.1283 0.01340 0.0000696 0.00869 0.00869 0.00870 0.00872 0.2389 0.6576 0.01962 0.7400 0.0008268 0.03593 0.03009 0.00004 Per USS 105.02 5.3102 1.2708 800.60 3942.5 642.73 I 20.635 3.845 1.4150 1.4149 1.4143 14131 6.3612 7.7974 74.622 14368 115.11 115.09 114.98 114.70 4.1855 1.3206 50.975 1.3513 1209.5 27.835 33.238 22649.7 Europe Czech Rep. koruna Denmark krone Euro area euro 1-mos forward 3-mos forward 6-mos forward Hungary forint Norway Krone Poland zloty Russia ruble Sweden krona Switzerland franc 1-mos forward 3-mos forward 6-mos forward Turkey lira UK pound 1-mos forward 3-mos forward 6-mos forward Middle East/Africa Bahrain dinar Egypt pound Israel shekel Jordan dinar Kuwait dinar Nigeria naira Saudi Arabia riyal South Africa rand UAE dirham 0.04616 0.1499 1.1235 1.1241 1.1260 1.1299 0.00316 0.1124 0.24515 0.01293 0.1073 1.0785 1.0793 1.0815 1.0857 0.0752 1.3447 1.3444 1.3441 1.3435 2.6527 0.0636 0.3159 1.4105 3.3002 0.00241 0.2665 0.0650 0.2723 21.666 6.6708 0.8901 0.8896 0.8881 0.8851 316.19 8.8963 4.0791 77.312 9.3230 0.9272 0.9265 0.9247 0.9211 13.304 0.7437 0.7438 0.7440 0.7443 0.3770 15.722 3.1653 0.7090 0.3030 415.26 3.7519 15.387 3.6730
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Related Book For
International Financial Management
ISBN: 978-0078034657
6th Edition
Authors: Cheol S. Eun, Bruce G.Resnick
Posted Date:
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