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BID RATE |
ASK RATE |
126.0033PHP/OMR |
126.4270PHP/OMR |
If an importer wants to BUY OMR 1,000,000 ,how much amount will he receive IN PHP?
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- BID RATE ASK RATE OMR= 0.0079097 PHP OMR= 0.0079363 PHP If an importer wants to convert OMR 1,000,000 against PHP, justify how much amount will he receive considering only the last day of trading?Assume that you are a retail customer. Use the information below to answer the following question. Exchange Rate - Bid Exchange Rate - Ask Interest Rate APR S0($/€) $ 1.42 = € 1.00 $ 1.45 = € 1.00 i$ 4 % F360($/€) $ 1.48 = € 1.00 $ 1.50 = € 1.00 i€ 3 % If you had borrowed $1,000,000, traded them for euros at the spot rate, and invested those euros in Europe, how many euros do you receive in one year?EUR/USD 0.9395/0.9681 AUD/USD 1.7624/1.7864 JPY/AUD 65.91/67.71 1. What is the cross OFFER/ASK rate for JPY/USD? 2. What is the cross BID rate for EUR/AUD? please explain step by step as i dont understand the concept
- A foreign exchange dealer in Kigali Rwanda provides quotes for the spot and 3 month forward rates for the RFr against the dollar. Bid (RFr/U$$) ask (RFr/U$$) Spot 4.0040 4.0200 3-month forward 3.9690 3.9888 Required: a. What would you receive in dollars if you sell RFr 5 million at the spot rate? b. What would it cost in dollars to purchase RFr 20 million forward 3 month? When would you make payment?The current spot rates are: GBP (S/E) EUR (S/E) JPY (¥/$) Bid 1.115 1.025 102 13,000,000.35 You owe a customer in England £1 and you are owed 86. You currently have $13 million in the bank. How much will you have in the bank after both transactions are finished? Ask 1.168 1055 127 13,324,862.7451 margin of error +/-101. Complete the table. ORIGINAL PRICE TRADE DISCOUNT DISCOUNT RATE DISCOUNTED PRICE Php6,500 Php1,200 Php500 10% Php2,100 Php5,600 Php27,000 35%
- Use the information below to answer the following question. So($/€) F360 ($/€) Exchange Rate $ 1.45 € 1.00 = $ 1.48 = € 1.00 Interest Rate APR is i€ 4% 3% If you borrowed $1,000,000 for one year, how much money would you owe at maturity? Short Answer Toolbar navigation BIUS $1,524,400 A RN KEQ3 GT Bank Ghana Limited quotes JPY/EUR 155-165, and GCB Bank quotes EUR/JPY 0.0059-0.0063.Are these quotes identical? If not, is there an opportunity for arbitrage?If there is an opportunity for arbitrage, how would one profit from it?Given the bid-ask quotes for jpy/gbp 220-240, at what rate will:Mr. Agbo purchase gbp? Mr. Agbo sell gbp? Mr. Debrah purchase jpy? Mr. Kwaku sell jpy? Q4 An analyst holds a set of forward contracts on euro, against usd (=hc). Below are the forward prices in the contract; the current forward prices (if available) or at least the current spot rate and interest rates (if no forward is available for this time to maturity). Compute the fair value of the contracts.(a) Purchased: eur 1m 60 days (remaining). Historic rate: 1.350; current rate for same date: 1.500; risk-free rates (simple per annum): 3% in usd, 4% in euro. (b) Purchased: eur 2.5m 75 days (remaining). Historic rate: 1.300; current spot rate: 1.5025; risk-free rates (simple per annum): 3% in usd,…If an importer wants to convert OMR 2,000,000 against 1 INR = 0.0051812 OMR , justify how much amount will he receive considering only the first day of trading?
- Compute for the bank's income if a client will purchase USD375,000 @ P50.76 = $1 based on P50.30 benchmark or based rate. a. P172,500 b. P17,500 c. P1,725 d. P17,250Assume the bid rate of an Yen dollar is $ 1.8 while the ask rate is $ 3.5 at Arab Bank.Assume the bid rate of an Yen dollar is $3.4 while the ask rate is $5.7 at Palestine Bank. Given this information, what would be your gain if you use $8876.7 and execute locational arbitrage? =8876.713.5^ * 3.4b =8876.7/5.7^ * 3.5c =8876.7/3.4^ * 1.8d = 8876.7 /3.5^ * 5.7List Price: P100,000 Trade Discount: 20%, 10% What is the Invoice Price?