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Please show all of your calculations 1) The one-month forward bid price for dollars as denominated in Japanese yen is ________ Multiple chouice are 129.62/$
Please show all of your calculations 1) The one-month forward bid price for dollars as denominated in Japanese yen is ________ Multiple chouice are
129.62/$
-20
-18
129.74/$
. 2) The current spot rate of dollars per pound as quoted in a newspaper is ________ or ________.
1.4484/$; $0.6904/
1.4487/$; $0.6903/
$1.4484/ ; 0.6904/$
$1.4481/ ; 0.6906/$
Use the table to answer the following question(s). | |||||||
Yen: Spot and Forward(/$)Pound: Spot and Forward ($/) | |||||||
Mid Rates | Bid | Ask | Mid Rates | Bid | Ask | ||
Spot | 129.87 | 129.82 | 129.92 | 1.4484 | 1.4481 | 1.4487 | |
Forward Rates | |||||||
1 month | 129.68 | -20 | -18 | 1.4459 | -26 | -24 | |
6 months | 128.53 | -136 | -132 | 1.4327 | -160 | -154 | |
Swaps | |||||||
2 year | 117.65 | 1232 | 1212 | 1.425 | -238 | -230 | |
3 year | 115.5 | 1452 | 1422 | 1.4225 | -265 | -253 |
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