What would be value of investment if the money is invested

Assignment Help Financial Management

Reference no: EM131622712

The treasurer of a major U.S. firm has $29 million to invest for three months. The interest rate in the United States is .29 percent per month. The interest rate in Great Britain is .33 percent per month. The spot exchange rate is £.629, and the three-month forward rate is £.632. What would be the value of the investment if the money is invested in U.S and Great Britain? (Enter your answers in dollars, not in millions of dollars, and round your answers to 2 decimal places, e.g., 1,234,567.89.) U.S. $ Great Britain $

Reference no: EM131622712

Questions Cloud

Profitability and customer buying behavior : the current size of the market and the expected growth rate. profitability and customer buying behavior.

Manufacturer of private-label personal care products : A manufacturer of private-label personal care products must decide whether to fund an unprecedented expansion of manufacturing capacity

Firm has beginning retained earnings balance : A firm has a beginning retained earnings balance of $550,000 and an ending of $750,000.

What is the difference in the annual inflation rates : What is the difference in the annual inflation rates for the United States and Poland over this period?

What would be value of investment if the money is invested : The treasurer of major U.S. firm has $29 million to invest for three months. What would be value of investment if the money is invested in US and Great Britain?

Explain stock valuation and its different approaches : explain the different capital budgeting techniques; please discuss the pros and cons. Explain Stock Valuation and its different approaches.

Advantages and disadvantages of different revenue sources : Outline two ways in which Statement of Cashflows assists users of financial statements. What are the advantages and disadvantages of different revenue sources.

What is the firm balance of current assets : What is the firm's balance of current assets?

Cash conversion cycle and net working capital : Why is understanding the relationship between the cash conversion cycle (CCC) and net working capital important to the contemporary business executive?

User Account

All Pages