please give the advice that in what circumstances i can be able to get transfer
Tawny Agrawal (CA) (92 Points)
02 February 2010please give the advice that in what circumstances i can be able to get transfer
rupali
(TRAINER)
(23 Points)
Replied 26 September 2014
kindly experts solve this que.
CASE STUDY OF IFM:-
PAYMENT=729794
SIX MONTH SPOT RATE=15.617,15.773
6 MONTHS FORWARD RATE=1.5455,1.5609
MONEY MARKET RATES:-
US DOLLAR 6 4.5
STERLING 7 5.5
FOREIGN CURRENCY OPTION PRICE= CENTS PER $ FOR CONTRACT SIZE 12500
EXERCISE PRICE =1.75
CALL OPTION =3.7
PUT OPTION=9.6
QUESTIONS
1. WHAT IS PAYOFF IN CURRENCY OPTION?
455200
458545
405845
NONE OF THE ABOVE
2. WHAT IS PAYOFF IN FORWARD CONTRACT?
472206
462207
422067
NONE OF THE ABOVE
3. WHAT IS MONEY MARKET?
463020
472206
473020
NONE OF THE ABOVE
4. COMPANY SHOULD USE CALL OPTION?
TRUE
FALSE
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