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What is the USD cost of the NZD and CHF issues? Why do the costs change so dramatically? What are the sources of value here?
What is the USD cost of the NZD and CHF issues? Why do the costs change so dramatically? What are the sources of value here? What do the forward rates suggest will happen to the NZD and CHF relative to the USD? What would be Bousquette's "bet" if he issued either the NZD or CHF bonds instead of USD bonds? Do the economic expectations about NZD or CHF support these bets
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Microeconomics
Authors: Robert Pindyck, Daniel Rubinfeld
8th edition
978-0132870436, 132870436, 013285712X, 978-0133371178, 133371174, 978-0132857123
