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Six months ago, Qualitybank issued a $ 1 3 6 million, one - year - maturity CD , denominated in British pounds ( Euro CD
Six months ago, Qualitybank issued a $ million, oneyearmaturity CD denominated in British pounds Euro CD On the same date, $ million was invested in a denominated loan and $ million in a US Treasury bill. The exchange rate on this date was for $ If you assume no repayment of principal and if todays exchange rate is for $:
a
What is the current value of the Euro CD principal in dollars and pounds? Do not round intermediate calculations. Enter your answers in millions. Round your answers to decimal places. eg
Euro CD principal in pounds
Euro CD principal in dollars $
b
What is the current value of the British loan principal in dollars and pounds? Do not round intermediate calculations. Enter your answers in millions. Round your answers to decimal places. eg
British loan principal in pounds
British loan principal in dollars $
c
What is the current value of the US Treasury bill in dollars and pounds? Do not round intermediate calculations. Enter your answers in millions. Round your answers to decimal places. eg
US Treasury bill in pounds
US Treasury bill in dollars $
d
What is Qualitybanks profitloss from this transaction in dollars and pounds? Input all amounts as positive values. Do not round intermediate calculations. Enter your answers in millions. Round your answers to decimal places. eg
Qualitybanks
loss
in pounds
Qualitybanks
loss
in dollars $
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