Question

EXCHANGE RATES : EUR/USD GBP/EUR USD/JPY GBP/USD USD/CHF USD/CAD EUR/JPY AUD/USD 1.18 1.11 106.33 1.31 0.92...

EXCHANGE RATES :

EUR/USD GBP/EUR USD/JPY GBP/USD USD/CHF USD/CAD EUR/JPY AUD/USD
1.18 1.11 106.33 1.31 0.92 1.31 125.58 0.73

YOU ARE REQUIRED TO COMPUTE THE FOLLOWING QUOTATIONS. PLEASE PROVIDE YOUR CALCULATION AND RESULT

Exchange Rates Details of Your Computation

GBP/USD ?

EUR/JPY ?

USD/EUR ?

CAD/CHF ?

JPY/USD ?

EUR/AUD ?

AUD/EUR ?

AUD/JPY ?

AUD/CAD ?

USD/JPY ?

TOTAL ?

Business   Finance   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

GBP/USD = (GBP/EUR)*(EUR/USD) = 1.11*1.18 = 1.3098

EUR/JPY = (EUR/USD)*(USD/JPY) = 1.18*106.33 = 125.4694

USD/EUR = 1/(EUR/USD) = 1/1.18 = 0.8475

CAD/CHF = (CAD/USD)*(USD/CHF) = (USD/CHF)*1/(USD/CAD) = 0.92/1.31 = 0.7023

JPY/USD = 1/(USD/JPY) = 1/106.33 = 0.0094

EUR/AUD = (EUR/USD)*(USD/AUD) = (EUR/USD)*1/(AUD/USD) = 1.18/0.73 = 1.6164

AUD/EUR = (AUD/USD)*(USD/EUR) = 0.73*0.8475 = 0.6187

AUD/JPY = (AUD/USD)*(USD/JPY) = 0.73*106.33 = 77.6209

AUD/CAD = (AUD/USD)*(USD/CAD) = 0.73*1.31 = 0.9563

USD/JPY = 106.33

Total (assuming total of all above rates) = 315.4807

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Japanese Yen to Canadian Dollar 78.87 JPY/CAD United States Dollar to Euro 1.16 USD/EUR Swiss Franc...
Japanese Yen to Canadian Dollar 78.87 JPY/CAD United States Dollar to Euro 1.16 USD/EUR Swiss Franc to Canadian Dollar 0.69 CHF/CAD Swiss Franc to Euro 1.08 CHF/EUR. Determine the implied USD/JPY cross rate. (2 POINTS) Suppose that the JPY to USD exchange rate is 111 JPY/1 USD. Is there any arbitrage opportunity? Explain in words why you think that is the case. (2 POINTS) Assume you have 520 JPY. What is your profit in JPY, (show your calculations)? (2 POINTS)
Three Exchange Rates are as follows: 1) US Dollars (USD) to Canadian Dollars (CAD) at CAD...
Three Exchange Rates are as follows: 1) US Dollars (USD) to Canadian Dollars (CAD) at CAD 1 to USD 1.05 2) CAD to Euros (EUR) at CAD 1.41 to EUR 1 3) EUR to USD at EUR 0.72 to USD 1 Suppose you start with USD 100,000, and do one round of "triangular arbitrage", that is convert make a total of 3 foreign exchange transactions to start from USD and return to USD. What will be your profit in USD?
Question 10 A currency trader sees the following exchange rates. 1 USD = 1.355 CAD 1...
Question 10 A currency trader sees the following exchange rates. 1 USD = 1.355 CAD 1 USD = 0.935 EUR 1 EUR = 1.442 CAD Is the CAD per EUR exchange rate in equilibrium? Calculations required. Briefly explain. Show your work. Use 3 decimals. Question 11 Refer to information provided above (question 10). If the Treasurer invests 15 million USD, show whether or not it would be possible to profit from arbitrage? Calculationsrequired. Show your work. Use 3 decimals.
The current USD/JPY spot exchange rate is 110 (USD is base currency). Assume that your bank...
The current USD/JPY spot exchange rate is 110 (USD is base currency). Assume that your bank quotes you a 180-day forward rate of 108. Which of the following statements is correct about the JPY. Select one: A. The JPY is selling at an annualized forward discount of 3.64%. B. The JPY is selling at an annualized forward premium of 1.85%. C. The JPY is selling at an annualized forward premium of 3.70%. D. The JPY is selling at an annualized...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT