What would be value of the investment

Assignment Help Financial Management

Reference no: EM131915148

The treasurer of a major U.S. firm has $37 million to invest for three months. The interest rate in the United States is .25 percent per month. The interest rate in Great Britain is .31 percent per month. The spot exchange rate is £.636, and the three-month forward rate is £.640.

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: EM131915148

Questions Cloud

Discuss the western-style approach to litigation : In July 2011, two high-speed trains collided near Wenzhou, China. Shortly after, law offices in Wenzhou were notified by the local judicial bureau and lawyers'.

Why are social customs often ineffective in settling dispute : University of Chicago law professor Richard Epstein pointed out how quickly Americans turn to legal remedies rather than relying on informal social customs.

Condition considering the limitation of current techniques : In your opinion, are there any better way to analyze an organization’s financial condition considering the limitation of the current techniques?

Was gold required to submit his claim to arbitration : Gold also showed that Deutsche Bank had certified that it provided Gold with the relevant NASD rules when it had not. Was Gold required to submit his claim.

What would be value of the investment : What would be the value of the investment if the money is invested in U.S and Great Britain?

Examine pressure to produce-to approve weak loan application : Do you think the pressure to produce-to approve weak loan applications in this instance-that Maggie Hardiman says she faced is routine in American business.

Calculate the amount of estate tax due : Calculate the amount of estate tax due (if any) under the following alternatives. Calculate the amount of estate tax due under the following alternatives

How much must mike invest each year to reach retirement goal : If he expects his 401(K) can earn 4.23% annual interest, about how much must Mike invest each year to reach his retirement goal?

Describe how distinguishing between variable and fixed costs : Describe how distinguishing between variable and fixed costs can be useful in forecasting operating expenses.

User Account

All Pages