Determine the six months forward exchange rate

Reference no: EM133206225

Question - International Finance Discussion - A Kenyan firm has imported goods from Uganda and it has been invoiced Ush.600 million in 6 months. The exchange rates are as follows

Ush. (spot rate) 24.75 25.25

6 months forward premium 1.10 1.25

Required -

1. Determine the 6 months forward exchange rate

2. Determine the amount to be paid by the Kenyan firm in 6 months in Ksh.

Reference no: EM133206225

Questions Cloud

Describe what you would expect : Describe what you would expect to see happening at the negotiating table - Imagine you have observer status at a trade agreement negotiation

Maturity of bond to sensitivity of bond price : The parent company of the HighLife CBD chain has two bonds outstanding, both of which have a 9% annual coupon rate paying semi-annually. The market interest rat

Implementation of employee development programs : How does the development and implementation of employee development programs impact the process of business strategy development and execution

Write your observation down using as much detail as possible : Write your observation down using as much detail as possible so that your reader (the professor) will understand what you have observed.

Determine the six months forward exchange rate : A Kenyan firm has imported goods from Uganda and it has been invoiced Ush.600 million in 6 months. Determine the 6 months forward exchange rate

Provide a concise explanation for each : Provide a concise explanation for each of their concept maps (be mindful to incorporate its connectionfutilitv to the HR function)

What immediate action will you take to address : What immediate action will you take to address this incident? Specify one corrective action you are considering and what needs to happen or be in place

Discuss a current economic issue : Pick an article that considers a current economic issue and analyze, using what you've learned so far in macroeconomics (and micro!).

Identify the factors the center suggests : Identify the factors the Center suggests are important to the success of employee share ownership plans.

User Account

All Pages