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

Power systems, WHY VOLTAGE GENERATED IN MULTIPLES OF 11

WHY VOLTAGE GENERATED IN MULTIPLES OF 11

Changes in temperature and pressure-aircraft maintenance, Changes in temper...

Changes in temperature and pressure: The changes in temperature and pressure of the gases through a gas turbine engine are illustrated in Figure 1.5 The efficiency with which t

Thermodynamics, original temp. of plate is 25 degree c.when put in burnace ...

original temp. of plate is 25 degree c.when put in burnace its upper part is 250 c and lower is 100 and mass is 56kg.find out heat transfer

electronics and communication, I want to join.Please help me in completing...

I want to join.Please help me in completing the process

Cro probes, #questiodescribe different types of cro probes

#questiodescribe different types of cro probes

Ir receiver help, I am not getting proper infrared receiver for my mini pro...

I am not getting proper infrared receiver for my mini project so help for finding proper ir receiver..

Abrasive grit, Abrasive Grit This method of compressor cleaning involve...

Abrasive Grit This method of compressor cleaning involves injecting an abrasive grit into the engine at selected power settings ( Figure 21.30.)grit used may be ground walnut s

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