Calculate the aud-jpy cross rate

Assignment Help Financial Management
Reference no: EM13194762

1 Calculate the AUD/JPY cross rate when the following FX spot rates are quoted:
• AUD/USD0.6066
• USD/JPY115.90
Give your answer rounded to 2 decimal places.
Cross rate =

2  Indicate whether the following factors would tend to increase or decrease FX trading spreads.
a)an increase in competition
b)decrease in turnover
c)increase in price volatility

3 What statement about spot and forward exchange rates is correct?

All trading occurs in the forward rate, none in the spot rate.

All cross rates must be quoted as forward rates.

All trading occurs in the spot rate, none in the forward rate.

The spot rate is for T+2 settlement, the forward rate is adjusted for delayed settlement.

4 The AUD is currently trading in the spot market for AUD/USD0.6952 and in the forward market at a premium of 8 points. What is the AUD/USD forward rate? Give your answer rounded to 4 decimal places.

Forward rate =

Reference no: EM13194762

Questions Cloud

Provide an analysis of whether : Provide an analysis of whether or not criminal justice agencies should be privatized.
Evaluate an investment proposal : State that the discount rate could take into account inflation and risk. How would that work in practice. How would you come to a specific discount rate if you are the management accountant that has to evaluate an investment proposal?
Discuss ettys spiritual response to her challenges : Discuss Ettys spiritual response to her challenges and comment on how this relates to the challenges we face today. How did she find meaning in life, what were her spiritual practices, how did she integrate these into her life, what effects did her f..
Distinction between stage reality and physical reality : The distinction between stage reality and physical reality becomes clear when something unplanned happens on stage ----- ex: a performer seems to injure himself or herself. Discuss other examples.
Calculate the aud-jpy cross rate : What statement about spot and forward exchange rates is correct and calculate the AUD/JPY cross rate when the following FX spot rates are quoted
What is best predictor of job performance in older adults : What is the best predictor of job performance in older adults?
Submit in the assignment section of your gradebook : Use the nothing before something guideline as you put the following names in alphabetic order, showing the order of filing units (last name, first name, suffix).
Powerful reproduce their advantage by distributing resources : The most powerful reproduce their advantage by distributing resources and controlling the dominant value system." This statement most closely reflects:
State what is the nickel ion concentration in a solution : What is the nickel ion concentration in a solution prepared by mixing 451 mL of 0.414 M nickel nitrate with 465 mL of 0.364 M sodium hydroxide?

Reviews

Write a Review

Financial Management Questions & Answers

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Find the return on equity -roe

Calculate the profit margin (net income/net sales) and asset turnover (net sales/total assets) to compute the return on assets (ROA). Now introduce the equity multiplier (total assets/total equity) to find the return on equity (ROE).

  An analysis of the revised project

Evaluate the project in light of this new information

  Financial decision-making techniques

Complete a project that helps you apply theoretical knowledge of financial planning to practical applications. It is a proven fact that learning by doing is more effective than reading theory.

  Criticism that a proposed it architecture

How would you respond to the criticism that a proposed IT architecture is not feasible based on today's technology?

  What are factors affecting the capital structure of company

Calculate the NPV and IRR for the project from the standpoint of the parent company. What are your recommendations for the proposal?

  Long-term financing needed

How much new long-term debt financing will be needed.

  Capital budgeting project

Proposing a new venture to the management of your company

  Evaluate the depreciation on the building

Evaluate the depreciation and what was Happe's Interest Expense on the bond during fiscal year 2012? What was Andersen Telecom's depreciation expense for tax purposes in fiscal year 2012?

  Create a portfolio of analytical reference materials

Create a portfolio of analytical reference materials including the financial reports for at least five years. This is your analytical permanent file for the selected company.

  Stock analysis - calculate the required rate of return

The purpose of this project is to familiarize you with the stock market - calculate the required rate of return on your stock using CAPM:BAD 350- Managerial Finance

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd