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

Computational aerodynamics-computer laboratory, A key part of the course is...

A key part of the course is the computer laboratories which will use a package for simulating flow around aerofoils developed by Patrick Hanley . A course licence has been purchase

Sand casting, Sand castings are porous enough and, therefore, cannot be use...

Sand castings are porous enough and, therefore, cannot be used for pressure sight vessels. Structure obtained by sand casting is loose and hence not stranger than wrought products.

Aviation legislation - aircraft weight and balance, AIRCRAFT WEIGHT AND BAL...

AIRCRAFT WEIGHT AND BALANCE - Reference BCAR A5-4 or JAR-25.23 -29 After an aircraft has been constructed, painted and can be said to be ‘representative of its true empty (or

Found ash content, determine the ash content in given sample

determine the ash content in given sample

Fire precautions - fire protection engineering, Fire precautions - fire pro...

Fire precautions - fire protection engineering: Fire precautions include: Protecting escape routes in fire resisting construction, Providing fire doors between

Logic gates - and gate, Logic gates - and gate: Figure shows the symbol...

Logic gates - and gate: Figure shows the symbol that represents 2 input AND gate together with its truth table. This gate will only adopt a 1 state at its output terminal when

Control surfaces , Control Surfaces  As with a flight control system...

Control Surfaces  As with a flight control system, a guidance algorithm uses control surfaces to control the behaviour of an airframe.         - Rudder, ailerons, elev

Gravity die casting , Gravity Die Casting  In PERMANENT MOULD CASTING, ...

Gravity Die Casting  In PERMANENT MOULD CASTING, molten metal is poured under gravity into a metal mould where it remains until it solidifies. The mould is then opened and the

Fire prevention - fire risk assessment, Fire prevention - fire risk assessm...

Fire prevention - fire risk assessment: Fire prevention measures include: Reducing the combustible materials, Reducing the risk of ignition, Reducing

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