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please help me with these questions. 1 Question 16 Please answer the question based on the quotes provided below: Quotes : 1/1/20X1 USD/EUR = 0.7843

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1 Question 16 Please answer the question based on the quotes provided below: Quotes : 1/1/20X1 USD/EUR = 0.7843 Quotes: 1/1/20X2 USD/EUR -0.7381 During the 1/1/20x1 to 1/1/20x2 period, the percentage appreciation/depreciation of the Euro from US point of view was: 6.26% appreciation 6.26% depreciation 5.89 depreciation 5.89 appreciation Question 17 1 pts Here are direct spot and forward markets quotes for CAD over three points in time: now (1/1/XX), one month later (2/1/XX), three months later (4/1/XX), and six months later (7/1/XX). CAD Spot 1 Month Forward 3 Month Forward 6 Month Forward 1/1/XX 1.0165 1.0317 1.0472 1.0629 2/1/XX 4/1/XX 1.0833 1.0263 1.0995 1.0417 1.116 1.0573 1.1327 1.0732 7/1/XX 1.0895 1.1058 1.1224 1.1392 On 1/1/XX, IBM bought a 1 month forward contract of CAD 5,000,000 from Bank One. Based on this transaction: IBM will pay CAD 5,000,000 to Bank One in 1 month, and will receive USD 5,497,500 from Bank One in 1 month IBM will pay USD 5,158,500 to Bank One now, and will receive CAD 5,000,000 from Bank One in 1 month IBM will pay USD 5.158.500 to Bank One in 1 month and will receive CAD 5,000,000 from Bank One in 1 month IBM will pay USD 5,497,500 to Bank One in 1 month, and will receive CAD 5,000,000 from Bank One in 1 month Here are direct spot and forward markets quotes for CAD over three points in time: now (1/1/XX), one month later (2/1/XX) three months later (4/1/XX), and six months later (7/1/XX). CAD Spot 1 Month Forward 3 Month Forward 6 Month Forward 1/1/XX 1.0165 1.0317 1.0472 1.0629 2/1/XX 4/1/XX 1.0833 1.0263 1.0995 1.0417 1.116 1.0573 1.1327 1.0732 7/1/XX 1.0895 1.1058 1.1224 1.1392 On 1/1/XX, Dell sold a 6 month forward contract of CAD 5,000,000 to Chase. As a result, Dell will incur a contract expires: when the Profit of $381,500 Profit of $133,000 Loss of $133,000 Loss of $381,500

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