What was Wednesday January 5 th s U S dollars price in terms of the British pound () What was the Japanese yen () price in terms of the U S dollar What was Wednesdays dollar euro spot exchange rate expressed as a direct quote from the perspective of a U S citizen and from the perspective of a Eurozone citizen Are these two prices identical up to 4 decimal places Show how Write down the price of the Kuwaiti dinar (KD) in terms of the dollar and the price of the Swedish krona (SK) in terms of the dollar Calculate the implied (cross) rate of the Swedish krona in terms of the Kuwaiti Dinar Go to the New Australian dollar row Verify, first by using columns 2 and 3 (in US$ Wednesday and Tuesday), then again by using columns 6 and 7 (Per US$ Wednesday and Tuesday) that the percentage rate of change in the value of the dollar for that day was 0 25 , The British pound exchange rate in terms of the dollar for three month delivery is $1 3260 The spot rate is $1 2890 If a currency dealer wants to use these two rates to quote the pound three month forward as a premium discount relative to the spot, what would that quote be (Give answer in four decimal places) If a currency dealer wants to use these two rates to quote the dollar three month forward as a premium discount relative to the spot, what would that quote be (Give answer in four decimal places) Suppose that the spot rate of the dollar in terms of the euro today is 0 8860 $ and 6 month forward rate for the dollar in terms of the euro is 0 8380 $ If a currency dealer wanted to quote the euros 6 month forward rate as a premium or discount, what would that quoted discount or premium be (four decimal places) If a currency dealer wants to quote the dollars 6 month forward rate as a discount or premium, what would that quoted discount or premium be (four decimal places) The spot exchange rate between the British pound and the dollar today is 0 7380 $ The British pound three month forward rate is quoted at 4 8600 discount What is the outright 3 month forward rate of the British pound in terms of the dollar What is the outright 3 month forward rate of the dollar in terms of the British pound At what premium discount would the three month dollar forward be quoted Use what you need of the following set of information to answer the following four questions S 0 $1 1384 S 0 0 7378 $ S 0 $1 3554 E (S 1 (3 months) ) $1 1140 F 3 months $1 1490 Where euro British pound E ( ) Expected Assuming all the other rates given except the E(S 1 ) are all quoted rates, do you think there is anything off or not right about E(S 1 ) If yes, what is off or wrong with it Assuming that the expected rate is a good estimate, is the dollar expected to appreciate or depreciate in the coming three month period against the euro Explain your answer in your own words without using any calculations Now, calculate the expected rate of appreciation or depreciation in the value of the dollar over the coming three month period Give your answer in percent with four decimal places If you have 340,000 how many dollars would you be able to buy for 3 month delivery given the above exchange rates (Assume no bid ask spread) If one year ago the spot price of British pounds in terms of the $ was $1 3140 Do you think the British pound has appreciated or depreciated against the dollar over the last year (explain answer without any calculations) What was the percentage rate of change in the value of the pound over the last year Is your numerical answer consistent with your explanation A Euro zone bank quotes an MNC the following rates for the dollar Bid Ask 0 8860 $ 0 9080 $ If the MNC wants to buy $40 million, how much will it pay in euros If the MNC wants to sell 60 million, how much will it receive in dollars Using the convention currency traders use to quote spreads, calculate the bid ask spread on the dollar as a percentage rate up to four decimal places How would a New York branch of the euro bank post the above bid ask prices Calculate the bid ask spread on the pound as a percentage rate up to 4

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What was Wednesday January 5 th s U.S. dollars price in terms of the British pound ()? What was the Japanese yen () price in

What was Wednesday January 5^ths U.S. dollars price in terms of the British pound ()? What was the Japanese yen () price in terms of the U.S. dollar?

What was Wednesdays dollar-euro spot exchange rate expressed as a direct quote from the perspective of a U.S. citizen? and from the perspective of a Eurozone citizen? Are these two prices identical up to 4 decimal places? Show how.

Write down the price of the Kuwaiti dinar (KD) in terms of the dollar and the price of the Swedish krona (SK) in terms of the dollar. Calculate the implied (cross) rate of the Swedish krona in terms of the Kuwaiti Dinar.

Go to the New Australian dollar row. Verify, first by using columns 2 and 3 (in US$ Wednesday and Tuesday), then again by using columns 6 and 7 (Per US$ Wednesday and Tuesday) that the percentage rate of change in the value of the dollar for that day was +0.25%,

The British pound exchange rate in terms of the dollar for three-month delivery is $1.3260/. The spot rate is $1.2890/.
1. If a currency dealer wants to use these two rates to quote the pound three-month forward as a premium/discount relative to the spot, what would that quote be? (Give answer in four decimal places)

If a currency dealer wants to use these two rates to quote the dollar three-month forward as a premium/discount relative to the spot, what would that quote be? (Give answer in four decimal places)

Suppose that the spot rate of the dollar in terms of the euro today is 0.8860/$ and 6-month forward rate for the dollar in terms of the euro is 0.8380/$.
1. If a currency dealer wanted to quote the euros 6-month forward rate as a premium or discount, what would that quoted discount or premium be (four decimal places)?

If a currency dealer wants to quote the dollars 6-month forward rate as a discount or premium, what would that quoted discount or premium be (four decimal places)?

The spot exchange rate between the British pound and the dollar today is 0.7380/$. The British pound three-month forward rate is quoted at 4.8600% discount.
1. What is the outright 3-month forward rate of the British pound in terms of the dollar?
2. What is the outright 3-month forward rate of the dollar in terms of the British pound?
3. At what premium/discount would the three-month dollar forward be quoted?

Use what you need of the following set of information to answer the following four questions:

S₀ = $1.1384/ S₀ = 0.7378/$ S₀ = $1.3554/

E (S_{1 (3-months)}) = $1.1140/ F_3-months = $1.1490/

Where: = euro; = British pound; E ( ) = Expected.

Assuming all the other rates given except the E(S₁) are all quoted rates, do you think there is anything off or not right about E(S₁)? If yes, what is off or wrong with it?

Assuming that the expected rate is a good estimate, is the dollar expected to appreciate or depreciate in the coming three-month period against the euro? Explain your answer in your own words without using any calculations. Now, calculate the expected rate of appreciation or depreciation in the value of the dollar over the coming three-month period. Give your answer in percent with four decimal places.

If you have 340,000 how many dollars would you be able to buy for 3-month delivery given the above exchange rates? (Assume no bid/ask spread)

If one year ago the spot price of British pounds in terms of the $ was $1.3140/. Do you think the British pound has appreciated or depreciated against the dollar over the last year (explain answer without any calculations)? What was the percentage rate of change in the value of the pound over the last year? Is your numerical answer consistent with your explanation?

A Euro-zone bank quotes an MNC the following rates for the dollar:

Bid Ask

0.8860/$ 0.9080/$

If the MNC wants to buy $40 million, how much will it pay in euros?
If the MNC wants to sell 60 million, how much will it receive in dollars?
Using the convention currency traders use to quote spreads, calculate the bid/ask spread on the dollar as a percentage rate up to four decimal places.

How would a New York branch of the euro bank post the above bid/ask prices? Calculate the bid/ask spread on the pound as a percentage rate up to 4