User Account

All Pages

Determine the expected australian dollar receipts

Assignment Help Business Management
Reference no: EM132955389

Noman Co is an Australian company with the following transactions: Company Transactions

Gateway Ltd Expected receipt of £360,000 in one month's time

Gateway Ltd Expected payment of £210,000 in one month's time

Modern Pte Ltd Expected receipt of £380,000 in three months' time

The following information is relevant to Noman Co:

One-month forward rates (£/AUD$1) 0.55220 - 0.55229

Spot rate (£/AUD$1) 0.55226 - 0.55235

Australian Dollar $ Pound sterling £

Deposit Borrowing Deposit Borrowing

Interest rate per year 5% 5.8% 5.2% 6%

Required:

a. cfrom UK Company, Modern Pte Ltd in three months' time using a money market hedge.

b. Assuming Noman Co and Gateway Ltd agreed to apply bilateral matching to mitigate the currency exposure. Determine the net amount of payment or receipt by Noman Co in Australian Dollar.

Reference no: EM132955389

Questions Cloud

What is the total dollar return on a tanzania government : Assume that the tanzania shilling appreciates by 3% against the US dollar during the period. What is the total dollar return on a Tanzania government bond?
Calculate the payback period : Grainger Company is considering a project where the cash flows are a constant $13,000. Calculate the payback period if the cost of the project is $85,250
What is the cost of equity according to the capm formula : Suppose the market rate of return is 10% and the risk free interest rate is 2%. BMW has a beta of 3. What is the cost of equity according to the CAPM formula?
What is the dirty price of bond : What is the dirty price of this bond if today's date is May 1? Assume a 360-day year
Determine the expected australian dollar receipts : Noman Co is an Australian company with the following transactions: Company Transactions
What is the crane residual income : Ivanhoe's Construction Company has set a 15% required minimum rate of return. What is the crane residual income
What would be the adjusted stock price : If the company decides instead to issue a 1-for-1 stock split and a 5-taka dividend with it what would be the adjusted stock price?
Prepare a transaction analysis chart for the january : Prepare a transaction analysis chart for the January. Awasa commenced business depositing K10 000 into the business bank account.
Explain what will happen to batman inc : Return on Batman Inc. was just reported to be 4%. Batman Inc. is known to be sensitive to the market movement just as much as Ice Robin Co.

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd