【单选题】It's now 1 May 2019. A UK exportor knows that it will have a receipt of $5m in 4 months' time. The spot rate is £0.6200-£0.6230=$1. The 4-month forward rates have been quoted as £0.6190-£0.6210 = $1....
【多选题】An asset manager has conducted an extensive econometric study and proposes a forecasting model. He has found that a currency with a high interest rate tends to appreciate relative to a currency with a...
A.
The current forward exchange rate would instantaneously become equal to 2.06.
【单选题】If a foreign exchange speculator expects the spot rate of the dollar nine months from today to be lower than today's forward rate on the dollar for delivery in nine months, she may
A.
buy dollars in the spot market nine months from today
B.
sell dollars in the spot market nine months from today
C.
sell dollars forward today and buy them in the spot market nine months from today
D.
buy dollars forward today and resell them in the spot market nine months from today
【单选题】Meisner Co. ordered parts costing §100,000 for a foreign supplier on May 12 when the spot rate was $.24 per stickle. A one-month forward contract was signed on that date to purchase §100,000 at a forw...