International finance, finance, Other Engineering

International finance, finance, Other Engineering

Assignment Help:

at the beginning of year 1 the terranian central bank conducted k100 million of dollar selling/terranian kwacha buying intervention. The intervention was undertaken at the rate of 1 dollar per kwacha and immediately afterwards the currency strengthened to 1.2 dollars per kwacha and stayed there.

at the end of year 5 the exchange rate is still at 1.1 whilst kwacha 1 year interest rates are (and have always been) 6% whilst dollar 1 year interest rates are (and have always) been 1%.
The profit/loss of the intervention at then end of year 5 is _________ million Kwacha.
Hint: quote you answer to 1 decimal place and express a loss by putting a ''-'' in front of your answer (if a profit do not put a ''+'')

Related Discussions:- International finance, finance

Linear programming application in software industry, What could be applicat...

What could be application of linear programming in software development?

Jupiter and saturn, Expertsmind.com brings you unique solution in Electri...

Expertsmind.com brings you unique solution in Electrical Engineering - Jupiter and Saturn are made almost entirely of hydrogen and helium with

Electrochemistry, can two metals such as iron and nickel be separated compl...

can two metals such as iron and nickel be separated completely by electrogravimetry?

Engineering physics 1, scaning electro microscope,transmission microscope

scaning electro microscope,transmission microscope

Actuators , Actuators The actuator consists of the control surfaces...

Actuators The actuator consists of the control surfaces and associated servomechanisms, and is used to change the missile attitude and trajectory or flight path.

Line communication, what is two motion selector

what is two motion selector

About acidityb of floure, why wehabve to determine the acidity of floure

why wehabve to determine the acidity of floure

Career help, hey, i am doing b.e in chemical engineering but by aggregate i...

hey, i am doing b.e in chemical engineering but by aggregate is 55%. i would like to know what courses and preparation i have to do to get a good job. pls reply as soon as possible

Archimedes Screw, How to I make my archimedes screw work?

How to I make my archimedes screw work?

Environemental, How to Compute the carbon per mile for the car

How to Compute the carbon per mile for the car

Write Your Message!

Name

Email id

Message

Verfication Code

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!

Submit Assignment

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd