Finding the approximate market value of a long position in an FRA at a fixe

A forward contract covering a $10 million face value of T-bills that will have 100 days to maturity at contract settlement is priced at 1.96 on a discount yield basil. Compute the dollar amount the long must pay at settlement for the T-bills.

An agreement stipulates payments of $5000,$3500 and $6000 in three, six and nine months, respectively from today. what is the highest price on an investor will offer today to purchase the agreement if he requires a minimum rate of return of 3.75%?

What is the equivalent AW of a one-year contract that pays $6,000 in the first month and increases by $700 for each month thereafter? MARR = 9% compounded monthly. Click the icon to view the interest and annuity table for discrete compounding when the MARR is 0.75% per month. Choose the correct answer below. OA. The AW is $75,608. OB. The AW is $123,339. Oc. The AW is $200,736. OD. The AW is $122,420. OE. The AW is $47,730.

1. A contract calls for a lump-sum payment of $15,000. Find the present value of the contract assuming. When making these calculations, you need to use a present value factor that is carried to three decimal places to get the correct answers. a. The payment is due in five years, and the current interest rate is 9 percent. Your answer should contain a dollar sign.b. The payment is due in ten years and the current interest rate is 5 percent. Your answer should contain a dollar sign.c. Between the two calculations, A and B, which option is the best option for the person receiving the payment? State in a full sentence why you chose this option.