Question
1. Across this 5-year period, which currency appreciated? A. The American dollar ($) B. Japanese yen () C. Neither 2. If you executed a 5-year
1. Across this 5-year period, which currency appreciated?
| A. | The American dollar ($) | |
| B. | Japanese yen () | |
| C. | Neither |
2. If you executed a 5-year forward trade on 5/2/2015 where you were giving 100, how many US dollars ($) would you receive that same day?
| A. | $0 | |
| B. | $.88 | |
| C. | $.82 |
3. If you executed a 5-year forward trade on 5/2/2015 where you were giving 100, how many US dollars ($) would you receive on 5/2/2020?
| A. | $.88 | |
| B. | $0 | |
| C. | $.82 |
4. If you executed a spot trade on 5/2/2015 where you were giving 100, how many US dollars ($) would you receive on that same day?
| A. | $0 | |
| B. | $.88 | |
| C. | $.82 |
5. If you executed a spot trade on 5/2/2015 where you were giving 100, how many US dollars ($) would you receive on 5/2/2020?
| A. | $.82 | |
| B. | $0 | |
| C. | $.88 |
6. Lets suppose that you want to be a sideline reporter for ESPN one day. You know that it is going to be difficult to make it there, but you believe in yourself nonetheless because thats the type of person you are. In order to prepare yourself, youve decided to buy a new HD camera from Sony. The only problem, is that they are all sold out in the United States, and you must buy them directly from Sonys headquarters in Tokyo, Japan. If the listed price is 18m, how many dollars will you have to spend, today?
| A. | $266,000 | |
| B. | $306,000 | |
| C. | $422,000 |
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The Legaltech Book
Authors: Susanne Chishti ,Sophia Adams Bhatti ,Akber Datoo ,Drago Indjic
1st Edition
1119574277, 978-1119574279
