What is its times-interest-earned ratio

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Reference no: EM132054616

1. You observe that the spot price of the Swiss franc (CHF) is 1.05 USD/CHF, and that the 1 year forward rate is 1.04 USD/CHF. What is the percent forward premium?

Enter answer as percent, accurate to 2 decimal places.

2. Thomson Trucking has $19 billion in assets, and its tax rate is 35%. Its basic earning power (BEP) ratio is 14%, and its return on assets (ROA) is 4%. What is its times-interest-earned (TIE) ratio? Round your answer to two decimal places.

Reference no: EM132054616

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