Standard charter bank in hong kong

Assignment Help Finance Basics

Reference no: EM131053266

Standard Charter Bank in Hong Kong needs to fund a U.S. dollar loan to customer. It obtains the following quotations: three-month Eurodollar rate 6 ¼--6 1/8, three-month Euro-yen rate 7 3/4- 7 9/16, yen/$ spot 110.25-110.75, three-month forward points 0.049-0.052. Which is the cheapest way of funding the loan? Explain carefully how it would be done and show your calculations.

Reference no: EM131053266

Questions Cloud

Lawsuit relating to its transactions with a counterparty : Consider the following two events: (a) a bank loses $1 billion from an unexpected lawsuit relating to its transactions with a counterparty and (b) an insurance company loses $1 billion because of an unexpected hurricane in Texas.

Difference between a cult and a legitimate religion : And finally, has technology and its constant tugs in our life prevented us from unplugging and experiencing solitude? What are the harms if any in this cultural phenomenon?

Question regarding the barriers of communications : Define various theories of communication in simple words along with barriers of communications, which theory you think is more preferable and why?

Compose an opera of approximately one hour in length : Please compose an opera of approximately one hour in length (four to five scenes, each with two or three musical numbers) by assembling existing music to form the narrative.

Standard charter bank in hong kong : Standard Charter Bank in Hong Kong needs to fund a U.S. dollar loan to customer. It obtains the following quotations: three-month Eurodollar rate 6 ¼--6 1/8, three-month Euro-yen rate 7 3/4- 7 9/16, yen/$ spot 110.25-110.75, three-month forward po..

Issues regarding the credibility of the argument : Indicate issues regarding the credibility of the argument if there are such concerns. Give your own evaluation of the argument in terms of its overall strengths and weaknesses.

Discuss multiculturalism in american public opinion : Discuss multiculturalism in American public opinion. Write a short essay on the voting patterns of different ethnic groups in 2012 U.S. Presidential elections.

Portfolio project on commercial zoning of farmland : For example, if you were writing a Portfolio Project on commercial zoning of farmland in your local community, you could examine either the concept of "sprawl" or "social capital."

Asks for a quote on depositing french francs : West LB Bank in London is currently quoting 8% on 12-month Eurodollars deposits. It is also quoting 5.20FF/$ and 5.45FF/$ for spot and 12-month forward French francs, respectively. If a customer asks for a quote on depositing French francs, what ..

User Account

All Pages