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  • Mar 27, 2008, 04:35 PM
    tanyabrown37
    Foreign Exchange Rates
    You are assigned the duty of ensuring the availability of 100,000 yen for the payment that is scheduled for next month.
    Considering that your company possesses only U.S. dollars, identify the spot and forward exchange rates. What are
    The factors that affect your decision of utilizing spot versus forward exchange rates? Which one would you choose?
    How many dollars do you have to spend to acquire the amount of yen required?
  • Mar 27, 2008, 05:05 PM
    Credendovidis
    Quote:
    Originally Posted by tanyabrown37
    You are assigned the duty of ensuring the availability of 100,000 yen for the payment that is scheduled for next month.
    Considering that your company possesses only U.S. dollars, identify the spot and forward exchange rates. What are
    the factors that affect your decision of utilizing spot versus forward exchange rates? Which one would you choose?
    How many dollars do you have to spend to acquire the amount of yen required?
    Better repost this at the homework site.
    Exchange rate dollar - yen is around 1 US$ = 100 Yen
    ;)

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