5a. If you had speculated the day of DC1 by purchasing 1 million units of the foreign currency in the spot market, and then closed your position the day of DC2, what would be your raw profit or loss? Estimate the carryover cost/revenue using LIBOR rates and broker rollover rates and estimate the net profit/loss.
	USD overnight rate		# days	7
	Foreign currency overnight rate
				Estimated carry trade		Net Profit/loss
	Spot (beg)			Using LIBOR rates
	Spot (end)			Using forex.com rollover rates
	P/L per unit			Using fxdd rollover rates
	Gross P/L
5b. If you had speculated the day of DC1 by selling 1 million units of the foreign currency in the spot market, and then closed your position the day of DC2, what would be your gross profit or loss? Estimate the carryover cost/revenue using LIBOR rates and broker rollover rates and estimate the net profit/loss.
				Estimated carry trade		Net Profit/loss
	Spot (beg)			Using LIBOR rates
	Spot (end)			Using forex.com rollover rates
	P/L per unit			Using fxdd rollover rates
	Gross P/L

1. Currency to hedge 1a Currency pair formed with the US dollar (as seen in OANDA, FXCM) 1b Date when hedge (trading) will be closed and all the calculations done 1c ls this a direct quote in the spot market? (Y/N) 2. Exchange rate of the currency as typically quoted in FX markets Use the SPOT price from the Investing.com site Japanese Yen USD/JPY Friday, April 12, 2019 ASK 111.72 BID 111.69 2a Express the price as a direct quote (value of one unit of that currenc 3. Three or six-month future rate as of this date (use whatever period covers the second data collection period) Report the settlment price reported on the CME Group website 90165 Expiration month of future contract the size of the future (option) contracts 12500000 ASK 5 4. Forward points observed on this date. Use the Investing.com website for information. Select data for 1W (summer) or the period specified for the exercise. Students doing USDJPY must use an appropriate factor to Horizon for Fwd convert pips 5. Use the CME group website to obtain option price data Specify the expiration month on the CME options that will cover the period you are interested in hedging 5a. Choose a call option that is in the money and obtain its premium 5b. Find the call option that is at the money and obtain its premium BID 6.22 1 week uotes Week 2 APR Strike 8900 9000 9100 Premium 1.17 0.3 0.045 5c. Choose a call option that is out the monev and obtain its premium 16. Use the CME group website to obtain put option price data Use the same expiration month vou chose for call options 6a. Choose a put option that is in the money and obtain its premium Strike 8900 9000 9100 Premium 7 6b. Find the put option that is at the money and obtain its premium 0.13 0.88 6c. Choose a put option that is out the money and obtain its premium 7. Use the Global Rates website to identify the LIBOR rates LIBOR rates 2.41375% -0.08917% USD rate for the horizon selected Foreign currency rate for the horizon selected 1c Is is a direct quate in he spot marke? (YIN 2. Exchange rate af he currency as typically quated in FX markets. Use he SPOT price fram the Ivesing.carm site ASK 1.69 0.0089509 4. Farward paints atserved an is date. Use he Iesing.cam website for infarmaian Select data for 1W (summer) ar the period speci fied for the exercise. Suderrts doing ASK 5.97 Harizan far Fwd 5. Use he CME group website to iain aptian price data. Specify he expiraian manth an heCME aptians het will caver the period you are iterested in hedgirg Week 2 APR 8900 9000 Strik, 8900 Premium 6a. Choose a put apian hat is in he maney and obtain its premium . Find he put apsianh isahe maney and abtain its prermium 7. Use heGiobs Rates website to ideriy the LIBOR rates LIBOR rates USD rate for the harizan selected Japanese Yen a Name of the currency pair formed against the US dollar (OANDA, FXCM) 1b Is this a direct quote in the spot market? (YIN) 2. Exchange rate of the currency as typically quoted in FX markets Use the last quote of that day/week. USDIJPY BID ASK 112.01 112.04 Jun-19 4. Use the CME group website to obtain call option price data. This is the expiration month that you are using for the options Week 2 APR Strike 8900 9000 9100 Premiunm 1.17 Strike 8900 9000 9100 Premiunm CAB 1. Currency to hedge 1a Currency pair formed with the US dollar (as seen in OANDA, FXCM) 1b Date when hedge (trading) will be closed and all the calculations done 1c ls this a direct quote in the spot market? (Y/N) 2. Exchange rate of the currency as typically quoted in FX markets Use the SPOT price from the Investing.com site Japanese Yen USD/JPY Friday, April 12, 2019 ASK 111.72 BID 111.69 2a Express the price as a direct quote (value of one unit of that currenc 3. Three or six-month future rate as of this date (use whatever period covers the second data collection period) Report the settlment price reported on the CME Group website 90165 Expiration month of future contract the size of the future (option) contracts 12500000 ASK 5 4. Forward points observed on this date. Use the Investing.com website for information. Select data for 1W (summer) or the period specified for the exercise. Students doing USDJPY must use an appropriate factor to Horizon for Fwd convert pips 5. Use the CME group website to obtain option price data Specify the expiration month on the CME options that will cover the period you are interested in hedging 5a. Choose a call option that is in the money and obtain its premium 5b. Find the call option that is at the money and obtain its premium BID 6.22 1 week uotes Week 2 APR Strike 8900 9000 9100 Premium 1.17 0.3 0.045 5c. Choose a call option that is out the monev and obtain its premium 16. Use the CME group website to obtain put option price data Use the same expiration month vou chose for call options 6a. Choose a put option that is in the money and obtain its premium Strike 8900 9000 9100 Premium 7 6b. Find the put option that is at the money and obtain its premium 0.13 0.88 6c. Choose a put option that is out the money and obtain its premium 7. Use the Global Rates website to identify the LIBOR rates LIBOR rates 2.41375% -0.08917% USD rate for the horizon selected Foreign currency rate for the horizon selected 1c Is is a direct quate in he spot marke? (YIN 2. Exchange rate af he currency as typically quated in FX markets. Use he SPOT price fram the Ivesing.carm site ASK 1.69 0.0089509 4. Farward paints atserved an is date. Use he Iesing.cam website for infarmaian Select data for 1W (summer) ar the period speci fied for the exercise. Suderrts doing ASK 5.97 Harizan far Fwd 5. Use he CME group website to iain aptian price data. Specify he expiraian manth an heCME aptians het will caver the period you are iterested in hedgirg Week 2 APR 8900 9000 Strik, 8900 Premium 6a. Choose a put apian hat is in he maney and obtain its premium . Find he put apsianh isahe maney and abtain its prermium 7. Use heGiobs Rates website to ideriy the LIBOR rates LIBOR rates USD rate for the harizan selected Japanese Yen a Name of the currency pair formed against the US dollar (OANDA, FXCM) 1b Is this a direct quote in the spot market? (YIN) 2. Exchange rate of the currency as typically quoted in FX markets Use the last quote of that day/week. USDIJPY BID ASK 112.01 112.04 Jun-19 4. Use the CME group website to obtain call option price data. This is the expiration month that you are using for the options Week 2 APR Strike 8900 9000 9100 Premiunm 1.17 Strike 8900 9000 9100 Premiunm CAB