Assume that a bank has assets located in Germany worth C180 million earning an average of 9 percent. It also holds C110 in liabilities and pays an average of 6 percent per year. The current spot rate is 61.50 for $1. If the exchange rate at the end of the year is 2.00 for \$1: a. What happened to the dollar? Did it appreciate or depreciate against the euro (C)? b. What is the effect of the exchange rate change on the net interest margin (interest recelved minus interest paid) in dollars from its foreign assets and liabilities? c. What is the effect of the exchange rate change on the value of the assets and liabilities in dollars? Complete this question by entering your answers in the tabs below. What happened to the dollar? Did it appreciate or depreciate against the euro (C) ? Doftar effect ssume that a bank has assets located in Germany worth 180 million earning an average of 9 percent. It also holds 110 in liabilities nd pays an average of 6 percent per year. The current spot rate is 61.50 for $1. If the exchange rate at the end of the year is 62.00 for 1: What happened to the dollar? Did it appreciate or depreciate against the euro (C)? What is the effect of the exchange rate change on the net interest margin (interest received minus interest paid) in dollars from its reign assets and liabilities? What is the effect of the exchange rate change on the value of the assets and liabilities in dollars? Complete this question by entering your answers in the tabs below. What is the effect of the exchange rate change on the net interest margin (interest received minus interest paid) in dollars from its foreign assets and liabilities? (Enter your answer in millions rounded to 2 decimal places. (e.g, 32.16)) Assume that a bank has assets located in Germany worth 6180 million earning an average of 9 percent It also holds 6110 in liabilities and pays an average of 6 percent per year. The current spot rate is 61.50 for $1. If the exchange rate at the end of the year is 62.00 for \$1: a. What happened to the dollar? Did it appreciate or depreciate against the euro (C)? b. What is the effect of the exchange rate change on the net interest margin (interest received minus interest paid) in dollars from its foreign assets and liabilities? c. What is the effect of the exchange rate change on the value of the assets and liabilities in dollurs? Complete this question by entering your answers in the tabs below. What is the effect of the exchange rate change on the value of the assets and liabilities in dollars? (Enter your answers in millions rounded to 2 decimal places. (e,9,32,16) )
