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Answers provided by previous Chegg expert were wrong. Please provide the correct answers and show work so I can do the calculations correctly on the
Answers provided by previous Chegg expert were wrong. Please provide the correct answers and show work so I can do the calculations correctly on the exam. Thank you in advance
The following are the foreign currency positions of an HI, expressed in the foreign currency: Currency Liabilities Sf 59,160 FX Bought Sf 17,340 Swiss franc (Sf) Assets Sf 141,780 51,500 9,100,000 FX Sold Sf 22,440 30,000 British pound () 30,500 24,500 Japanese yen (*) 4,400,000 2,500,000 * 10,400,000 The exchange rate of dollars for Sf is 1.02, of dollars for British pound is 1.31, and of dollars for yen is .00953. The following are the foreign currency positions converted to dollars: Currency Assets FX Bought FX Sold $ 139,000 Liabilities $ 58,000 $ 39,955 $ 17,000 Swiss franc (Sf) British pound () $ 22,000 $ 67,465 $ 32,095 $ 39,300 Japanese yen (*) $ 86,723 $ 41,932 $ 23,825 $ 99,112 a. What is the FI's net exposure in Swiss francs stated in Swiss francs (Sf) and in dollars ($)? b. What is the FI's net exposure in British pounds stated in British pounds () and in dollars ($)? c. What is the FI's net exposure In Japanese yen stated in Japanese yen () and in dollars ($)? (Negative amounts should be indicated by a minus sign.) d. What is the expected loss or gain if the Sf exchange rate appreciates by 1 percent? State your answer in Swiss francs (Sf). (Round your answer to the nearest whole dollar amount. (e.g., 32)) e. What is the expected loss or gain if the exchange rate appreciates by 1 percent? State your answer in British pounds (). (Round your answer to the nearest whole dollar amount. (e.g., 32)) 1. What is the expected loss or gain if the exchange rate appreciates by 2 percent? State your answer in Japanese yen (). (Negative amount should be indicated by a minus sign. Round your answer to the nearest whole dollar amount. (e.g., 32)) Answer is complete but not entirely correct. Sf 82,620 FI's net exposure in Swiss francs FI's net exposure in Dollars 81,000 FI's net exposure in British pounds 21,000 X FI's net exposure in Dollars FI's net exposure in Japanese yen FI's net exposure in Dollars Expected loss or gain in Swiss francs Expected loss or gain in British pounds Expected loss or gain in Japanese yen b. C. d. e. f. Sf S S 27,510 4,600,000 S 44,791 81,810 X 27,785 45,687Step by Step Solution
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