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please help with part 3 & 4 Problem 13 Intro You have $15,000 to invest and observe the following interest rates and exchange rates: Annual
please help with part 3 & 4 Problem 13 Intro You have $15,000 to invest and observe the following interest rates and exchange rates: Annual interest rates Deposit rate 4.8% Loan rate 5.5% 7.5% 6.6% Dollar Ruble Exchange rates Ruble spot Ruble 1-year forward Bid Ask $0.014 $0.016 $0.015 $0.017 Part 1 - Attempt 1/6 for 10 pts. How many rubles will you get from converting your dollars? 1000000 Correct VRUB,0 $15,000 $0.015 / RUB = RUB1,000,000 1066000 Correct VRUB, 1 = RUB1,000,000. (1 +0.066) = RUB1,066,000 Part 3 - Attempt 2/6 for 10 pts. How many dollars will you get from selling your rubles at the one year forward rate? 0+ decimals Submit Part 4 - Attempt 1/6 for 10 pts. What is your risk-free rate of return (yield) from exploiting the higher interest rate in Russia? 3+ decimals Submit
please help with part 3 & 4
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