In the topic of International Finance, you are required to answer these questions: (i)

(ii)

The current spot rate for the US dollar/euro is $/ 2.0000 +/-0.003. The dollar is quoted at a 0.2c premium for the forward rate. What will a $5,000 receipt be translated to at the forward rate? The current spot rate for the US dollar/euro is $/ 2.0000 +/-0.003. The dollar is quoted at a 0.2c premium for the forward rate. What will a $5,000 receipt be translated to at the forward rate