Consider an exporter who is to receive a payment of USD10 million three months from now. The current spot exchange rate is AUD/USD0.6895 - 0.6995 and the three months forward rate is AUD/USD0.7095 - 0.7100. In 3 months time the spot rate is 0.7150. If the exporter decides not to hedge its exchange rate risk by taking out a forward cover, what is the AUD amount to be received in six months?Group of answer choicesAUD 14 084 507AUD 14 295 926AUD 14 094 433AUD 13 986 014

What would be the forward rate if the Forward Exchange Contract is quoted as AUD/USD0.8040-50 10:14 Question 4Select one:a.AUD/USD0.8026-40b.AUD/USD0.8064-50c.AUD/USD0.8050-64 d.AUD/USD0.8040-26

The current spot exchange rate is AUD 1.00 = USD 0.80. The Australian risk-free rate is 3.0%p.a. compounded continuously, whereas the US risk-free rate is 0.8% p.a. compoundedcontinuously. The no-arbitrage price on a 9-month forward contract written on the exchangerate is likely to bea) USD 0.813 / AUDb) AUD 0.787 / USDc) AUD 1.271 / USDd) AUD 1.230 / USD

An organization received an invoice on 2/7/21 for USD 100,000. The invoice is due for payment on 1/8/21. Having a low-risk appetite the organization took out a forward exchange contract (FEC) for the full value of the invoice. The invoice was paid in full on 1/8/21. Based on the following exchange rates what was the net amount the organization paid in AUD2/7/21: 1 AUD = 0.7382 USD1/8/21: 1 AUD = 0.7407 USDFEC: 1 AUD = 0.7395 USDGroup of answer choices$135,464.64 AUD$135,226.50 AUD$100,000.00 AUD$135,007.43 AUD

18.There are two countries, country A and country B, the 3-month interest rate in country A is 3.21% and the 3month interest rate in country B is 3.62%. The current exchange rate A/B is 1.2759. (Assume 90 days for the 3-month period and 360 days in a year) a)Calculate the 3-month forward exchange rate:b) If an exporter from country A was able to lock in a forward quotation to convert their $640000 foreign currency proceeds into local currency, how much would they receive?

You are working for an Australian corporate exporting goods to United Kingdom. Your supervisor asks you to estimate the potential hedging cost for a sale which will be settled in one year. You observe the following data from the international market:  Spot RateExpected Future Spot RateInterest RateAUD/USD1.331.37AUD2%USD/GBP1.211.18USD3.50%GBP3%Assuming covered interest parity holds, what is the implied forward premium/discount of the pound relative to the Australian dollar from the bank’s quote?