WE WRITE CUSTOM ACADEMIC PAPERS

100% Original, Plagiarism Free, Tailored to your instructions

Order Now!

International Finance

Assume the quotes indicated below are from a dealer in the NY currency market.
Forward prices are quoted as the absolute forward premium or discount (not percentage) in basis points (one basis point = .0001).
Forward exchange rates
1a. If the dealer’s spot market quotes for the euro (€) are 1.0732 1.0734, and the dealer’s 6-month forward quotes for the euro are: 99 100, what are the dealer’s effective 6-month forward bid and ask prices for the euro?
b. If a customer were to enter a forward contract with this dealer to sell $1m to obtain euros, how many euros would the customer receive in 6 months?
2a. If the dealer’s spot market quotes for the New Zealand dollar (NZ$) are: 0.7209 0.7212, and the dealer’s 1-year forward quotes for the New Zealand dollar are: -77 -70, what are the dealer’s effective 1-year forward bid and ask prices for the New Zealand dollar?
b. If a customer were to enter a forward contract with this dealer to sell NZ$1m to obtain US dollars, how many US dollars would the customer receive in one year?
3a. If the dealer’s spot market quotes for the Swiss framc are 0.9994 0.9996, and the dealer’s 3-month forward quotes for the franc are: -55 -54, what are the dealer’s effective 3-month forward bid and ask prices for the Swiss franc?
b. If a customer were to enter a forward contract with this dealer to sell $1m to obtain Swiss francs, how many francs would the customer receive in 3 months?
4a. If the dealer’s spot market quotes for the Brazilian real are: 3.1676 3.1706, and the dealer’s 9-month forward quotes for the real are: 192 201, what are the dealer’s effective 9-month forward bid and ask prices for the Brazilian real?
b. If a customer were to enter a 9-month forward contract with this dealer to sell R$1m to obtain US dollars, how many US dollars would the customer receive in 9 months?
5. If forward prices are used as an indicator of the likely increase or decrease in value of a currency, which of the foreign currencies above are expected to increase in value over the indicated time period, and which are expected to decrease in value?

Our Service Charter

  1. Excellent Quality / 100% Plagiarism-Free

    We employ a number of measures to ensure top quality essays. The papers go through a system of quality control prior to delivery. We run plagiarism checks on each paper to ensure that they will be 100% plagiarism-free. So, only clean copies hit customers’ emails. We also never resell the papers completed by our writers. So, once it is checked using a plagiarism checker, the paper will be unique. Speaking of the academic writing standards, we will stick to the assignment brief given by the customer and assign the perfect writer. By saying “the perfect writer” we mean the one having an academic degree in the customer’s study field and positive feedback from other customers.
  2. Free Revisions

    We keep the quality bar of all papers high. But in case you need some extra brilliance to the paper, here’s what to do. First of all, you can choose a top writer. It means that we will assign an expert with a degree in your subject. And secondly, you can rely on our editing services. Our editors will revise your papers, checking whether or not they comply with high standards of academic writing. In addition, editing entails adjusting content if it’s off the topic, adding more sources, refining the language style, and making sure the referencing style is followed.
  3. Confidentiality / 100% No Disclosure

    We make sure that clients’ personal data remains confidential and is not exploited for any purposes beyond those related to our services. We only ask you to provide us with the information that is required to produce the paper according to your writing needs. Please note that the payment info is protected as well. Feel free to refer to the support team for more information about our payment methods. The fact that you used our service is kept secret due to the advanced security standards. So, you can be sure that no one will find out that you got a paper from our writing service.
  4. Money Back Guarantee

    If the writer doesn’t address all the questions on your assignment brief or the delivered paper appears to be off the topic, you can ask for a refund. Or, if it is applicable, you can opt in for free revision within 14-30 days, depending on your paper’s length. The revision or refund request should be sent within 14 days after delivery. The customer gets 100% money-back in case they haven't downloaded the paper. All approved refunds will be returned to the customer’s credit card or Bonus Balance in a form of store credit. Take a note that we will send an extra compensation if the customers goes with a store credit.
  5. 24/7 Customer Support

    We have a support team working 24/7 ready to give your issue concerning the order their immediate attention. If you have any questions about the ordering process, communication with the writer, payment options, feel free to join live chat. Be sure to get a fast response. They can also give you the exact price quote, taking into account the timing, desired academic level of the paper, and the number of pages.

Excellent Quality
Zero Plagiarism
Expert Writers

Custom Writing Service

Instant Quote
Subject:
Type:
Pages/Words:
Single spaced
approx 275 words per page
Urgency (Less urgent, less costly):
Level:
Currency:
Total Cost: NaN

Get 10% Off on your 1st order!