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I cannot figure out the very last question What is Qualitybanks profit/loss from this transaction in dollars? Six months ago, Qualitybank issued a $138 million,
I cannot figure out the very last question "What is Qualitybanks profit/loss from this transaction in dollars?"
Six months ago, Qualitybank issued a $138 million, one-year-maturity CD, denominated in British pounds (Euro CD). On the same date, $79 million was invested in a f-denominated loan and $59 million in a U.S Treasury bill. The exchange rate on this date was 1.5382 for $1. If you assume no repayment of principal and if today's exchange rate is 1.1905 for $1: a. What is the current value of the Euro CD principal in dollars and pounds? (Do not round intermediate calculations. Enter your answers in millions. Round your answers to 2 decimal places. (e.g., 32.16) Euro CD principal in pounds Euro CD principal in dollars 212.27 178.30 b. What is the current value of the British loan principal in dollars and pounds? (Do not round intermediate calculations. Enter your answers in millions. Round your answers to 2 decimal places. (e.g., 32.16) British loan principal in pounds British loan principal in dollars 121.52 102.07 c. What is the current value of the U.S. Treasury bill in dollars and pounds? (Do not round intermediate calculations. Enter your answers in millions. Round your answers to 2 decimal places. (e.g., 32.16)) U.S. Treasury bill in pounds U.S. Treasury bill in dollars 70.239 59.00 d. What is Qualitybank's profitloss from this transaction in dollars and pounds? (Input all amounts as positive values. Do not round intermediate calculations. Enter your answers in millions. Round your answers to 2 decimal places. (e.g., 32.16)) Qualitybank's loss Qualitybank's loss in pounds in dollars 20.514
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