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Part 2 | Attempt 3/10 for 10 pts. How many rubles will you have after depositing them at a Russian bank for one year? 1011129.746
Part 2 | Attempt 3/10 for 10 pts. How many rubles will you have after depositing them at a Russian bank for one year? 1011129.746 Correct VRUB, 1 RU B947,368 (1 + 0.067) = RUB1,010,842 Part 3 | Attempt 1/10 for 10 pts. How many dollars will you get from selling your rubles at the one year forward rate? Intro You have $18,000 to invest and observe the following interest rates and exchange rates: Annual interest rates Deposit rate Loan rate Dollar 3.9% 4.6% Ruble 6.7% 7.6% Exchange rates Bid Ask Ruble spot $0.019 $0.018 $0.02 Ruble 1-year forward $0.021 Part 1 | Attempt 1/10 for 10 pts. How many rubles will you get from converting your dollars? 947368.421 Correct VRUB,0 $18,000 $0.019 / RUB RUB947,368 Part 2 | Attempt 3/10 for 10 pts. How many rubles will you have after depositing them at a Russian bank for one year? 1011129.746 Correct
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