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

Jfet characteristics with external bias, Explain the drain characteristics ...

Explain the drain characteristics of JFET with external bias

Quality engineering and management, Describe the principle parts of a quali...

Describe the principle parts of a quality function deployment matrix

Organic, What happened when melonic acid heated

What happened when melonic acid heated

Aeroengines - compressible flow, All fluids are to some extent compressible...

All fluids are to some extent compressible but gases show significant changes in density if pressure and/or temperature is changed. Some gas flows can be treated as being incomp

Gating system design, A gating system is usually made up of :           ...

A gating system is usually made up of :                         (i) Pouring basin                                          (ii) Sprue well                         (iii) Ru

Metal cutting tool, how to design a circural form tool on drawing sheet?

how to design a circural form tool on drawing sheet?

Software engineering, what is differnce between need and requirement?

what is differnce between need and requirement?

Explain the concept of error function, Question 1 Explain the concept of e...

Question 1 Explain the concept of error function Question 2 Obtain the Fourier transform for the following Single sided exponential signal Gate function Triangula

Sizing, Q. What is the purpose of :          (i) Sizing,            ...

Q. What is the purpose of :          (i) Sizing,                  (ii) Coining operations in powder metallurgy,         (iii) Infiltration,           (iv) Impregnati

Sintering, Q. What is sintering ? Explain the stages of sintering. An...

Q. What is sintering ? Explain the stages of sintering. Ans. The operation of heating a green compact to an elevated temperature is known as sintering. It is a process by

Write Your Message!

Captcha
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