Assume that you have $900,000 to invest. The current spot rate of the Australian dollar is $0.62, and the 180-day forward rate of the Australian dollar is $0.64
Furthermore, the 180-day interest rate in the United States is 3.5% and the 180-day interest rate in Australia is 3.0%. What is the net income you will have realized after 180 days if you conduct interest rate arbitrage?
A) $61,548.39
B) $56,903.23
C) $27,000.00
D) $31,500.00
E) $52,632.94
B
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The accuracy of cost-volume-profit analysis is limited because it assumes a strictly linear relationship between the variables.
Answer the following statement true (T) or false (F)
What is the correct formula for B10?
a) =YIELD(B2,B3,B4,B9/10,100,B7,B8)
b) =RATE(YEARFRAC(B2,B3,B8)*B7,B4*B6/B7,-B9,B6)*B7
c) =YIELD(B2,B3,B4,B9/B6*100,B6/B6*100,B7,B8)
d) All of the above
e) None of the above
List the major types of salespeople and indicate how they differ.
What will be an ideal response?
Periodic inventory systems normally require smaller safety stock than a continuous inventory system
Indicate whether this statement is true or false.