What is the fx equity exposure of osterfeld inc

Assignment Help Finance Basics
Reference no: EM132466424

Osterfeld Inc. (NYSE Ticker symbol: OST) is a U.S.-based importer of European soccer gear. OST's financials are the following: Enterprise value USD 50 million; total net debt USD 12 million out of that USD 2 million are EUR-denominated net debt. Assume that FX business exposure to the EUR is -1.40. OST also has a long position on a 3-year fixed-for-fixed USD/EUR swap with a notional of USD 4 million (assume this is an at-market swap). What is the FX equity exposure of Osterfeld Inc.?

Reference no: EM132466424

Questions Cloud

Essay - Global Citizenship Should Taught in Higher Education : The essay is about Global Citizenship Should be Taught in Higher Education Institutions. To what Extent do you Agree with this Statement
Future value and multiple cash flows : Fuente, Inc., has identified an investment project with the following cash flows.
What fits your personal style : Analyze when using theories and research evidence is advantageous in making clinical decisions. Provide an illustration of this from your fieldwork
What is the change in price of the bond based on duration : Given the following information on a bond, if the interest rate decrease by 1% (that is from 4% to 3%), what is the change in the price of the bond based
What is the fx equity exposure of osterfeld inc : Osterfeld Inc. (NYSE Ticker symbol: OST) is a U.S.-based importer of European soccer gear. OST's financials are the following: Enterprise value USD 50 million
Discuss practices for access control for information systems : Discuss the best practices for access control for information systems and how implemented by business. Length, 2 - 3 pages. All paper are written.
Statements best reflects the proper risk adjustment : Which of the following statements best reflects the proper risk adjustment?
Is covered interest arbitrage worthwhile : Is covered interest arbitrage worthwhile? If so, explain the steps and compute the profit.
Discussing the challenges that tough mudder : Essay discussing the challenges that Tough Mudder and Method have been developing their brands and operationalizing their business.

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