What should be six months forward rate be for swiss franc

Assignment Help Financial Accounting
Reference no: EM132999059

Problem 1: Using the table below for spot and forward exchange rates, what should be six months forward rate be for the swiss franc if US six months interest rates are 0.22 percent and Swiss six month rates are 0.8 percent.

Exchange Rate Per US          $1
Swiss Franc spot rate         0.9312
1-Month forward                0.9307
3-Month forward               0.9298
6- Month forward             0.9284

Reference no: EM132999059

Questions Cloud

How much depreciation be recognized using output method : For 2021, the machine produced a total of 75,000 units of cars. Using the Output Method, how much depreciation should be recognized?
Find how much is the depreciation expense for bts co : On December 31, 2021, BTS decided to change its depreciation method to SYD. How much is the depreciation expense for 2022?
How much is the depreciation expense for bts co : The new equipment is also depreciated using the straight line method and has a useful life of 10 years. How much is the depreciation expense on 2022?
What would the exchange rate be at the end of the year : If the current spot exchange rate is $0,9744 Canadian, What would the exchange rate be at the end of the year using relative form of the PPP equations.
What should be six months forward rate be for swiss franc : What should be six months forward rate be for the swiss franc if US six months interest rates are 0.22 percent and Swiss six month rates are 0.8 percent.
How much revaluation impairment loss should be recognized : BTS Co. purchased land worth P20,000,000 on Jan.How much revaluation deficit/impairment loss should be recognized in the income statement on December 31, 2022?
How much is the gain on sale on jan : Equipment was sold for P12,000,000. How much is the gain on sale on Jan. 1, 2024 assuming that BTS opted to use the working hours depreciation method?
Determine the impairment loss to be recognized on january : Determine the Impairment Loss to be recognized on January 1, 2021. On January 1, 2021, an impairment test was conducted by BTS Co. on its Radio Equipment.
How much is the depreciation expense for december : How much is the revaluation deficit/impairment loss to be recognized on the Income Statement as of December 31, 2023? How much is the depreciation expense

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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