What date will settlement take place

Assignment Help Finance Basics
Reference no: EM131975475

You decide the bank should enter into 4*8 FRA ,based on the appropriate BBSW (given the borrowing period implied by the FRA),with an agreed with rate of 2.31%, and with a national principal of $1 million

If the enter into FRA on the date 2018/04/16 , on what date will settlement take place?

Reference no: EM131975475

Questions Cloud

Create in general journal format entry to record issuance : On September 1, 2017, Windsor Company sold at 104 (plus accrued interest). Create in general journal format the entry to record the issuance of the bonds.
What is the net present value of more attractive alternative : A firm that purchases electricity from the local utility for $200,000 per year is considering installing a steam generator at a cost of $290,000.
How much is this annuity worth 5 years from now : A six-year annuity of $10000 quarterly payments will begin 8 years from now. The discount rate is 9%, compounded quarterly.
Calculate the unit cost : During November, 9,600 components were completed. There is no beginning or ending WIP in any department. Calculate the unit cost
What date will settlement take place : If the enter into FRA on the date 2018/04/16 , on what date will settlement take place?
Find the depreciation tax shield for the project : Your firm needs a machine which costs $220,000, and requires $37,000 in maintenance for each year of its 3 year life.
Prepare the journal entry for grouper for the sale : Prepare the journal entry for Grouper for the sale of the first 93 stations. The cost of each station is $59.
What will the account balance be in 9 years : If Samuel deposits $11,040 into a bank account that pays 5.91% interest compounded quarterly, what will the account balance be in 9 years
Prepare the journal entry to record the issuance of bonds : Kershaw Electric sold $4,660,000, 13%, 10-year bonds on January 1, 2017. Prepare the journal entry to record the issuance of the bonds

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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