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Rudik [331]
3 years ago
15

The one-year forward rate of the British pound is quoted at $1.63, and the spot rate of the British pound is quoted at $1.60. Th

e forward _______ is _______ percent
Business
1 answer:
AysviL [449]3 years ago
8 0

Answer:

The forward is discount, which is -1.8%

Explanation:

The forward rate is the rate of interest that is applicable or applied to the financial transaction, which will happen in the near future.

The percent is computed as:

= (Spot rate / Forward rate) - 1

where

Spot rate is $1.60

Forward rate is $1.63

Putting the values above:

= ($1.60 / $1.63) - 1

= $0.9815 - 1

= -1.8 %

which is forward discount.

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Answer:

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Explanation:

inflation gap = 3 - 2 = 1

=3 + 2 + (.5 x 1) + (.5 x 5)

= 8.0

4 0
3 years ago
Two principles of fraud insurance​
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hi buddy

here is your answer

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3 years ago
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horrorfan [7]

Answer:

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Explanation:

From the diagram the price support was at $6 per bushel, however if the government removes the price support or if there was no price support, then the price of the wheat will be $5 for a bushel. And in order to maintain the price support, from the diagram below, it is expected that the government would have to purchase 200 bushels of wheat.

4 0
3 years ago
Coolibah Holdings is expected to pay dividends of $ 1.10 every six months for the next three years. If the current price of Cool
Viktor [21]

Answer:

$25.15  

Explanation:

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nper is the number of dividend payments over three-year period which is 6

pmt is the amount of semiannual dividend payment

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alex41 [277]
I think that any bank or incorporated banking institutions involved can become members.
3 0
3 years ago
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