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FNCE4190_01 - Financial Institutions Mngt (W Art und purchase a month, US6.500.000 Eurodolar deposit at an annual interest rate of 1.90%. It invests the funds

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FNCE4190_01 - Financial Institutions Mngt (W Art und purchase a month, US6.500.000 Eurodolar deposit at an annual interest rate of 1.90%. It invests the funds in a 6-month Swedish Krona AA-rated tor 2.15 per per. The current spot rate US$0,10SK. The month forward rate on the Swedish Krona is being quoted at US$0.1810/SK. What is the net annual tant costs foreign exchange exposure using the forward market? (6 marks) posample for "12345678",enter 1.2346" without the sign FNCE4190_01 - Financial Institutions Mngt (W Art und purchase a month, US6.500.000 Eurodolar deposit at an annual interest rate of 1.90%. It invests the funds in a 6-month Swedish Krona AA-rated tor 2.15 per per. The current spot rate US$0,10SK. The month forward rate on the Swedish Krona is being quoted at US$0.1810/SK. What is the net annual tant costs foreign exchange exposure using the forward market? (6 marks) posample for "12345678",enter 1.2346" without the sign

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