Question
1, Suppose that S = 182/$ F=190/$ r = 4.5% r$= 3% Compute the profit from CIA using the equivalent of $1,000,000. Make sure to
1, Suppose that
S = 182/$
F=190/$
r = 4.5%
r$= 3%
Compute the profit from CIA using the equivalent of $1,000,000. Make sure to round your answers to the nearest 100th decimal points.
2, Suppose that the 120-day forward rate is F=190/$. The spot rate is S=180/$. Find the forward premium or discount for the yen. Do not use any unit. Also, make sure to round your answers to the nearest 10000th decimal points.
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Introduction To Statistical Investigations
Authors: Beth L.Chance, George W.Cobb, Allan J.Rossman Nathan Tintle, Todd Swanson Soma Roy
1st Edition
9781118172148
