Question: third time posting this question :/ I was given 300,000 ... 220,588.24... 211,267.61 but all are marked incorrect please help thank you in advance A

third time posting this question :/ I was given 300,000 ...

third time posting this question :/

I was given 300,000 ... 220,588.24... 211,267.61 but all are marked incorrect

please help

thank you in advance

A foreign exchange trader with a U.S. bank took a short position of 5,000,000 when the $/ exchange rate was 1.36. Subsequently, the exchange rate has changed to 1.42. Is this movement in the exchange rate good from the point of view of the position taken by the trader? By how much has the bank's liability changed because of the change in exchange rate? No Is this movement good from the trader's position? Change in bank's liability

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!

Please provide a maximum one-page summary of how we can analyze the cost of capital for our project (below) vis--visthe peer-reviewed research article attached. Consider risk as you decide. What...

this assignment is regarding return the tax of a client by using handy taxassignment. can anyone help me to complete the income section of this assignment, just write the solution in a pdf file?I...

Hi, I have an Assignment for my Finance Subject. I have attached the necessary documentation here for you to view including the Lecture slides of all the Topics covered for this assignment. Please...

Processing steps for 18 questions are required. Thanks so much for help! Queensland University of Technology QUT Business School School of Accountancy AYB 219 Taxation Law HandiTax Group Project...

Please answer me page 51 to page 56 on the attachment. is a multiple choice questions. Thank you FAC1502/101/3/2016 Tutorial letter 101/3/2016 Financial accounting concepts, principles and procedures...

MH0007 0 0 7 7645065 Ca s ey B u rt Fra nk T. R o tha e rm e l Bank of America (in 2010) and the New Financial Landscape Stephanie Milner spent the fall and winter of 2008-2009 like many Americans,...

This a group assignment. i need to answer a simple question about WACC. Plz help me. THE PATHWAY FROM CONSTRUCTION TO PRODUCTION 2003 The dream begins 2004 Cloudbreak identified 2005 S&P/ASX 200...

Need a sample answer for part C. Looking for a tutor to answer this question for the tutor credits I have. Would be a great help if someone would work with this price. Thanks a lot, really appreciate...

Hello, I have assessment.. Step 1 : Calculate the following ratios for the latest five years using the O-S Checklist Approach, an Excel template . For an overview of the approach, read our article,...

A dealer professing to sell his goods at C.P., uses a 900 gm weight for a kg. his gain percent is 1. 9% 10% 3. 11% 11% 4. 5. None of these 2.

Joel Foster is the portfolio manager of the SF Fund, a $3 million hedge fund that contains the following stocks. The required rate of return on the market is 11.00% and the risk-free rate is 5.00%....

In addition to state taxes imposed by the federal government, many states also levy what or state taxes themselves at death

Draw a class diagram and its relationship based on the following statements. You can use any UML tool/software to represent your class diagram. Do NOT copy and paste your diagram, use the attachment...