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# Q7 Suppose, on May 8, you took a long position in one June IMM CHF

Question: Q7 Suppose, on May 8, you took a long position in one June IMM CHF contract at an opening price of USD 0.6350. The initial margin was USD 1,500 and the maintenance margin was USD 1,200. The settlement prices for May 8, 9, and 10 were USD 0.6280, USD 0.6355, and USD 0.6335, respectively. On May 11, you closed out the position at USD 0.6365. Compute the cashSee the answerSee the answerSee the answer done loadingQ7 Suppose, on May 8, you took a long position in one June IMM CHF contract at an opening price of USD 0.6350. The initial margin was USD 1,500 and the maintenance margin was USD 1,200. The settlement prices for May 8, 9, and 10 were USD 0.6280, USD 0.6355, and USD 0.6335, respectively. On May 11, you closed out the position at USD 0.6365. Compute the cash flows on your account, assuming that the opening balance was USD 1,500 and there were no cash additions or withdrawals other than gains and losses from your futures position and any additional variation margin.
Step 1 Solution:- On May 8, the investor took a long position in 1 June IMM CHF contract at an opening price of USD 0.6350. The initial margin that he deposited with his broker was USD 1,500, the maintenance margin is 1,200. That means if the margin…View the full answer

## Finance Assignment | Professional Writing my essay help uk

Bailey, Inc., is considering buying a new gang punch that would allow them to produce circuit boards more efficiently. The punch has a first cost of \$125,000 and a useful life of 15 years. At the end of its useful life, the punch has no salvage value.

Annual labor costs would increase \$2,000 using the gang punch, but annual raw material costs would decrease \$12,000. MARR is 5.5 %/year.

What is the present worth of this investment?

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## Finance Assignment | Professional Writing my essay help uk

Q7 Suppose, on May 8, you took a long position in one June IMM CHF

a share of common stock just paid a dividend of \$1.00 if the expected long-run growth rate for this stock is 5.4%, and if investors’ required rate of return is 10.2%,

then what is the stock price? Do not use a sign when entering the answer.

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## Finance Assignment | Professional Writing my essay help uk

a share of common stock just paid a dividend of \$1.00 if the expected long-run growth rate for this stock is 5.4%, and if investors’

required rate of return is 10.2%, then what is the stock price? Do not use a sign when entering the answer.

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## Finance Assignment | Professional Writing my essay help uk

a share of common stock just paid a dividend of \$1.00 if the expected long-run growth rate for this stock is 5.4%, and if investors’ required rate of return is 10.2%,

then what is the stock price? Do not use a sign when entering the answer.

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## Finance Assignment | Professional Writing my essay help uk

Here I Sit Sofas has 7,600 shares of common stock outstanding at a price of \$99 per share. There are 800 bonds that mature in 35 years with a coupon rate of 7.3 percent paid semiannually. The bonds have a par value of \$2,000 each and sell at 111 percent of par. The company also has 6,500 shares of preferred stock outstanding at a price of \$52 per share. What is the capital structure weight of the debt?

Multiple Choice

.6649
.6963
.7375
.2625
.6196

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## Finance Assignment | Professional Writing my essay help uk

Data is shown below. Please answer the following: This is the COST in MXN for Ford’s production Net Cash Flow (MXN) 1,500,000,000 Note: USD-MXN is the cost of 1 USD in MXN Spot price Spot Price Forward 1/1/2020 3/31/2020 3M quote USD-MXN USD-MXN 1/1/2020 18.902 23.9719 225.32 Data: Part 1. How much in USD would it have cost Ford to buy the MXN (Net Cash Flow) at the start of the first quarter of 2020 (Q1 20, 1/1/20)? Answer: \$ 79,356,681.83 0.268220294 Part 2. If Ford did NOT hedge, how much in USD would it have cost Ford to buy the MXN (Net Cash Flow) at the end of Q1 20 (3/31/20)? Answer: \$ 62,573,262.86 Part 3: What is the difference in USD AND as a percentage of the original cost (Part 1.) that Ford would have incurred had it NOT hedged? 0.26822 Difference USD % Diff \$ (16,783,418.97) -21.1%

Answers: Part 4: Over the first Quarter of 2020 the MXN has done what and by how much against the USD? Appreciate/Depr? Answers: depreciate %Chg -21.1% Note: if appreciate this should be a positive %, if depreciate this should be a negative % Part 5: Ford DID Hedge though, by entering into a 90-day Forward contract at the rate quoted above. What is the Forward rate? Answer: NOTE: FOR THE MXN THE FORWARD QUOTE SHOULD BE MULTIPLIED BY 0.01 AND ADDED TO THE SPOT RATE (NOT 0.0001) Part 6: With the Forward contract how much in USD will it cost Ford to buy the MXN? Answer: Part 7: How much in USD did Ford “overpay” or “underpay” by hedging? Answers: Hedged Cost Unhedged Cost Indicate here if Ford “overpaid” or “underpaid”

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A portfolio consists of 215 shares of Stock C that sells for \$40 and 180 shares of Stock D that sells for \$35. What is the portfolio weight of Stock C?

Multiple Choice

.4228
.5772
.3624
.6493
.6253

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## Finance Assignment | Professional Writing my essay help uk

BALANCE SHEET ANALYSIS Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.3x Days sales outstanding: 31.5 daysa Inventory turnover ratio: 7x Fixed assets turnover: 3.5x Current ratio: 1.6x Gross profit margin on sales:

(Sales – Cost of goods sold)/Sales = 15% a Calculation is based on a 365-day year. Do not round intermediate calculations. Round your answer to the nearest cent. Balance Sheet Cash Current liabilities जी Accounts receivable Long-term debt 80,000 Inventories Common stock Fixed assets Retained earnings 120,000 Total assets \$400,000 Total liabilities and equity # | Sales Cost of goods sold

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