Question
15. Forward Rates. Using the spot rates and 3-month interest rates above, calculate the 90 day forward rates for: A. Japanese yen/Us dollar in one
15. Forward Rates. Using the spot rates and 3-month interest rates above, calculate the 90 day forward rates for:
A. Japanese yen/Us dollar in one year
B. Japanese yen/Australian dollar in one year
C. Australian dollar/US dollar in one year.
|
| Gross Domestic Product | Industrial Production | Unemployment Rate | |||
| Country | Latest Qtr | Qtr | Forecast 2007e | Forecast | Recent Qtr | Latest |
| 2008e | ||||||
| Australia | 4.30% | 3.80% | 4.10% | 3.50% | 4.60% | 4.20% |
| Japan | 1.60% | -1.20% | 2.00% | 1.90% | 4.30% | 3.80% |
| United States | 1.90% | 3.80% | 2.00% | 2.20% | 1.90% | 4.70% |
|
| Consumer Prices | Interest Rates |
| |||
| Country | Year Ago | Latest | Forecast 2007e | 3 month Latest | 1 yr Govt Latest |
|
| Australia | 4.00% | 2.10% | 2.40% | 6.90% | 6.23% |
|
| Japan | 0.90% | -0.20% | 0.00% | 0.73% | 1.65% |
|
| United State | 2.10% | 2.80% | 2.80% | 4.72% | 4.54% |
|
|
| Trade Balance | Current Account | Current Units (per US$$) |
| ||
| Country | Last 12 mos (billion $) | Last 12 mos (billion $) | Forecast 07 (% of GDP) | Oct 17th | Year Ago |
|
| Australia | -13 | -47 | -5.70% | 1.12 | 1.33 |
|
| Japan | 98.1 | 197.5 | 4.60% | 117 | 119 |
|
| United State | -810.7 | -793.2 | -5.60% | 1 | 1 |
|
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
The Infographic Guide To Personal Finance
Authors: Michele Cagan CPA, Elisabeth Lariviere
1st Edition
1507204663, 978-1507204665
