Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

d. Direct quote for U.S. dollar from the perspective of a Australian investor is Note: Do not round intermediate calculations. Round your answer to 4

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
d. Direct quote for U.S. dollar from the perspective of a Australian investor is Note: Do not round intermediate calculations. Round your answer to 4 decimal places. e. Indirect quote for Thailand baht from the perspectlve of an American investor is Note: Do not round intermediate calculations. Round your answer to 4 decimal places. f. Direct quote for U.S. dollar from the perspective of a Turkish investor is Note: Do not round intermediate calculations. Round your answer to 4 decimal places. Exchange Rates \begin{tabular}{|l|r|r|} \hline Hungary forint & 0.00316 & 316.19 \\ \hline Norway krone & 0.1124 & 8.8963 \\ \hline Poland zloty & 0.24515 & 4.0791 \\ \hline Russia ruble & 0.01293 & 77.312 \\ \hline Sweden krona & 0.1073 & 9.3230 \\ \hline Switzerland franc & 1.0785 & 0.9272 \\ \hline 1-mos forward & 1.0793 & 0.9265 \\ \hline 3-mos forward & 1.0815 & 0.9247 \\ \hline 6-mos forward & 1.0857 & 0.9211 \\ \hline Turkey lira & 0.0752 & 13.304 \\ \hline UK pound & 1.3447 & 0.7437 \\ \hline 1-mos forward & 1.3444 & 0.7438 \\ \hline 3-mos forward & 1.3441 & 0.7440 \\ \hline 6-mos forward & 1.3435 & 0.7443 \\ \hline Middle East/Africa & & \\ \hline Bahrain dinar & 2.6527 & 0.3770 \\ \hline Egypt pound & 0.0636 & 15.722 \\ \hline Israel shekel & 0.3159 & 3.1653 \\ \hline Jordan dinar & 1.4105 & 0.7090 \\ \hline Kuwait dinar & 3.3002 & 0.3030 \\ \hline Nigeria naira & 0.00241 & 415.26 \\ \hline Saudi Arabia riyal & 0.2665 & 3.7519 \\ \hline South Africa rand & 0.0650 & 15.387 \\ \hline UAE dirham & 0.2723 & 3.6730 \\ \hline \end{tabular} f. Direct quote for U.S. dollar from the perspective of a Turkish investor is Note: Do not round intermediate calculations. Round your answer to 4 decimal places. g. Indirect quote for U.S. dollar from the perspective of a Jordan investor is Note: Do not round intermediate calculations. Round your answer to 5 decimal places. Find and report the following exchange rate quotes from Exhibit 5.7 . Note: Do not round your answers and enter only the numeric portion without the currency symbols. Required: o. American term quote for Canadian dollar is Note: Do not round intermediate calculations. Round your answer to 4 decimal places. b. European term quote for Brazilian real is Note: Do not round intermediate calculations. Round your answer to 3 decimal places. c. Direct quote for Australian dollar from the perspective of an American investor is Note: Do not round intermediate colculations. Round your answer to 4 decimal places. \begin{tabular}{|l|r|r|} \hline Indonesia rupiah & 0.0000696 & 14368 \\ \hline Japan yen & 0.00869 & 115.11 \\ \hline 1-mos forward & 0.00869 & 115.09 \\ \hline 3-mos forward & 0.00870 & 114.98 \\ \hline 6-mos forward & 0.00872 & 114.70 \\ \hline Malaysia ringgit & 0.2389 & 4.1855 \\ \hline New Zealand dollar & 0.6576 & 1.5206 \\ \hline Philippines peso & 0.01962 & 50.975 \\ \hline Singapore dollar & 0.7400 & 1.3513 \\ \hline South Korea won & 0.0008268 & 1209.5 \\ \hline Taiwan dollar & 0.03593 & 27.835 \\ \hline Thailand baht & 0.03009 & 33.238 \\ \hline Vietnam dong & 0.00004 & 22649.7 \\ \hline Europe & & \\ \hline Czech Rep. koruna & 0.04616 & 21.666 \\ \hline Denmark krone & 0.1499 & 6.6708 \\ \hline Euro area euro & 1.1235 & 0.8901 \\ \hline 1-mos forward & 1.1241 & 0.8896 \\ \hline 3-mos forward & 1.1260 & 0.8881 \\ \hline 6-mos forward & 1.1299 & 0.8851 \\ \hline Hungary forint & 0.00316 & 316.19 \\ \hline Norway krone & 0.1124 & 8.8963 \\ \hline Poland zloty & 0.24515 & 4.0791 \\ \hline Rassia ruble & 0.1073 & 77.312 \\ \hline Sweden krona & 9.3230 \\ \hline \end{tabular}

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions