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please help asap and ans both please. Question 3 1 pts A non-deliverable forward contract on KRW5,000,000 has a current price of F(KRW/USD) - 1.150.00.
please help asap and ans both please.
Question 3 1 pts A non-deliverable forward contract on KRW5,000,000 has a current price of F(KRW/USD) - 1.150.00. If the spot rate at maturity is S(KRW/USD) - 1.132.99, how much will the short position receive (or pay)? You will receive $4,347.83. You will have to pay KRW 293,944.74 You will receive $4.413.10. You will have to pay $65.28. The following FX quotations against USD are available from an international bank: American Terms European Terms Currency Bid Ask Bid Ask AUD 0.6751 0.6756 1.4802 1.4813 CAD 0.7535 0.7536 1.3270 1.3271 A Canadian traveler plans to go to Australia and wants to sell CAD10,000 for AUD. How much AUD will she get? AUD11,163 AUD11,162 AUD11.153 AUD11.155 Step by Step Solution
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