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

Diode, tunnel diode

tunnel diode

Secure communication, Distinguish between passive and active attacks,

Distinguish between passive and active attacks,

Marginal costing, you are a young entrepreneur & you have to compete with a...

you are a young entrepreneur & you have to compete with already established firms in the industry by taking help from marginal costing tools with adequate examples. you have to giv

Propeller overspeed governors, PROPELLER OVERSPEED GOVERNORS: These dev...

PROPELLER OVERSPEED GOVERNORS: These devices protect against overspeed, they are separate governors to the P.C.U. and direct oil during an overspeed situation to coarsen the bl

Welding, Give two functions of dimensions.

Give two functions of dimensions.

Industrial buildings inspections-fire protection engineering, Industrial Bu...

Industrial Buildings Inspections: Fire safety within industrial buildings falls largely within the scope of more general precautions and recommendations given in Chapter of NF

Nicol prism, nicol prism work

nicol prism work

Energy bands, variation of energy bands with alloy composition

variation of energy bands with alloy composition

Vibration , ME 312 Project: Design for Vibration and Shock Suppression (Due...

ME 312 Project: Design for Vibration and Shock Suppression (Due Sunday 6/5/2012) Introduction To protect the electronic control module from fatigue and breakage, it is desirable

Engineering physics, Consider a conical pendulum with a bob of mass m=80kg ...

Consider a conical pendulum with a bob of mass m=80kg on a string of length L=10 m that makes an angle of 5 deg. with the vertical. Determine the horizontal and vertical component

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