3.
The AUD was priced at $1.42 in september2013. In sep 2012,the price
of the AUD...
3.
The AUD was priced at $1.42 in september2013. In sep 2012,the price
of the AUD was $1.45. In sep 2011, the prices of the AUD was $1.12.
What is the percent change in the AUD from 2011 to 2012? what is
the percent change in AUD from 2012 to 2013>?
Solutions
Expert Solution
Ans.
The percent change in the AUD from 2011 to 2012 is
29.464%
The percent change in the AUD from 2012 to 2013 is -
2.0689%
Citibank gives you the following information:
Spot exchange rate (AUD/EUR) = 1.42
One-month forward exchange rate (AUD/EUR) = 1.45
One-month domestic interest rate (in Australia) = 6.5% p.a.
One-month foreign interest rate (in Germany) = 4.5% p.a.
(a) Is there any violation of the CIP? Why or why not?
(b) Is the AUD selling at a premium or discount against the EUR?
By how much?
(c) Suggest a value for the forward rate which is consistent
with CIP.
(d) Based...
Assume today’s settlement price on a CME AUD futures contract is
$0.8410/AUD.
Contract size is AUD100,000
You decide to BUY one contract.
At the close of the next business day, if the new settlement price
for that contract is $0.820, what is your dollar profit or loss?
You need to find how much AUD per futures contract?
--- I answered -2,100, and it is not correct
At the close of the next business day, if the new settlement
price for...
(A) A stock price is currently AUD 40 and it is known that at
the end of three months it will be either AUD 44 or AUD 36. We are
interested in valuing a European call option.
(ii) If the delta of the above European call is 0.25, what is
the delta of the European put for the same strike and maturity?
(i) Using the risk-free rate of 12% per annum; Apply
stock-option replicating portfolio strategy to value this European...
The following options are available:3-month European call with a strike price of $20 that is priced at $1.003-month European put with a strike price of $20 that is priced at $4.003-month call with a strike price of $25 that is priced at $8.503-month put with a strike price of $25 that is priced at $7.00Currently, the price of the underlying stock is $25.501)Identify all arbitrage trades, not considering interest.2)For each set of trades you will make, please describe the trades...
A stock price is currently AUD 70; the risk-free rate is 5% and
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On March 15, 2018, the price of a T-bill maturing on Sep 15,
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3.75%) treasury note that will mature on Sep 15, 2019 is $99.97.
What is the price of a stripe with maturity on Sep 15 of 2019?
The base year is 2012. Real GDP in 2012 was? $15 trillion. The
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trillion. ?? ?? Calculate nominal GDP in 2012 and in 2015 and the
percentage increase in nominal GDP from 2012 to 2015.
Nominal GDP in 2012 is ?$ _ trillion. And percentage increase in
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A cylindrical aluminum pipe of length 1.42 m has an inner radius
of 1.60 ×10-3 m and an outer radius of 3.39
×10-3 m. The interior of the pipe is completely filled
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Imagine that the pipe is connected between the terminals of a
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Econ 1 Price Index (E1PI)
Item
Quantity in Basket
2011 Price
2012 Price
2013 Price
Cartoon Book
1
$10
$12
$12
Blue Book
5
$0.25
$0.50
$1.00
Scantron
5
$0.10
$0.15
$0.25
Calculator
1
$4
$5
$6
The table above shows the market basket for an Econ
1 student. Use this data to calculate the E1PI
Suppose the base year is 2011. What is the value of the price
index in 2011?
Suppose the base year is 2011. What is...