Investment Decision Sums
(1) Calculate interest receivable in each of the currency for million
|
Currency |
Spot |
6 month Forward |
Interest Rates |
|||
| INR
USD INR AUD INR CAD INR |
51.00 54.20 48.00 |
51.20 54.40 48.30 |
51.60 54.60 48.60 |
51.80 54.80 48.80 |
6.00% 4.70% 5.20% 4.10% |
6.40% 5.00% 5.50% 4.30% |
(Ans.: INR 30,000; USD 31,496; AUD 29,772; CAD 26,839; Select USD)
(2) Calculate interest receivable in each of the currency for 2 million:
|
Currency |
Spot |
3 month Forward |
Interest Rates |
|||
| INR
USD INR CHF INR EUR INR |
52.50 47.00 68.20 |
53.00 47.30 68.40 |
53.10 47.50 68.50 |
53.30 47.80 68.70 |
5.80% 4.50% 5.00% 5.30% |
6.00% 4.70% 5.20% 5.50% |
(Ans.: INR 29,000; USD 26,316; CHF 33,562; EUR 29,263; Select CHF)
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