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Elan Coil [88]
3 years ago
15

A yearly statement of the financial condition, progress, and expectations of an organization

Business
2 answers:
prohojiy [21]3 years ago
5 0

This is an annual report.

An annual report is a report that is given or done yearly for the financial condition or progress of an organization.

kogti [31]3 years ago
5 0

This is a report for annual assessments.

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The Wall Street Journal reported the following spot and forward rates for the Swiss franc ($/SF):Spot...........................
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Answer:

The Wall Street Journal Reports

a. The Swiss franc was selling at a premium in the forward market.

b. The 30-day forward premium was: $0.0049.

c. The 90-day forward premium was: $0.0099.

d. Dollars to receive from a 90-day forward contract is $95,310.

Explanation:

a) Data and Calculations:

Spot and forward rates for the Swiss franc ($/SF):

Spot............................................ $0.9432

30-day forward.......................... $0.9481

90-day forward.......................... $0.9531

180-day forward........................ $0.9594

Premium:

30-day forward.......................... $0.9481

Spot............................................   $0.9432

Premium =                             $0.0049

90-day forward.......................... $0.9531

Spot............................................   $0.9432

Premium =                             $0.0099

180-day forward........................ $0.9594

Spot............................................    $0.9432

Premium =                               $0.0162

Dollars to receive from a 90-day forward contract is $95,310 ($0.9531 * SF 100,000)

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