Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

A Swiss bank converted 1.2 million Swiss francs to euros to make a euro loan to a customer when the exchange rate was 1.75 francs per euro. The borrower agreed to repay the principle plus 4% interest in 1 year. The borrower repaid euros at loan maturity and when the loan was repaid the exchange rate was 1.85 francs per EURO. What was the bank's franc rate of return?

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M923909

Have any Question? 


Related Questions in Basic Finance

Polychlorinated biphenyl pcb is among a group of organic

Polychlorinated biphenyl (PCB) is among a group of organic pollutants found in a variety of products, such as coolants, insulating materials, and lubricants in electrical equipment. Disposal of items containing less than ...

A substantial part of prestige cars ltds sales are to north

A substantial part of Prestige Cars Ltd's sales are to North America where it operates through a wholly owned subsidiary. Its principal competitors are German. It has been reported widely that Prestige Cars Ltd hedges it ...

Explain how an organization determines whether a hedge is

Explain how an organization determines whether a hedge is sufficiently effective to justify hedge accounting? Describe the primary differences between accounting for fair value hedges and accounting for cash flow hedges? ...

Assume the time from acceptance to maturity on a 2000000

Assume the time from acceptance to maturity on a $2000,000 banker's acceptance is 90 days. Further assume that the importing bank's acceptance commission is 1.25 percent and that the market rate for 90 dya b/a's is 7%. D ...

Find two variables that you think should be either

Find two variables that you think should be either positively or negatively correlated. Measure these two variables in a sample of participants (for instance, your classmates). Calculate the Pearson correlation coefficie ...

Investigators studying the mass transfer from single

Investigators studying the mass transfer from single spheres recommended the generalized equation Sh = 2.0 + CRe m Sc 1/3 As discussed in section, the value of 2 can be derived theoretically by considering the molecular ...

1nbspcalculate the cost of new common equity financing of

1. Calculate the cost of new common equity financing of stock R using Gordon Model Round the answers to two decimal places in percentage form (Write the percentage sign in the "units" box) Last Year Dividend Growth Rate ...

1 what is the base salary of the international assignee2

1. What is the base salary of the international assignee? 2. How much is the G&S differential and how was it calculated? 3. How much is the housing differential and how was it calculated? 4. What type of allowance did th ...

1 all firms are required to expense rampd costs incurred

1. All firms are required to expense R&D costs incurred each period. Some firms spend very large sums on R&D, while others spend little or nothing on this area. Why is it important to observe whether a firm has substanti ...

The table below shows the expected return and standard

The table below shows the expected return and standard deviation for two stocks. Is the pattern shown in the table possible? Explain your answer. Stock Beta Std. Dev. #1 1.5 22% #2 0.9 35%

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro