0
Still curious? Ask our experts.
Chat with our AI personalities
Rene
Maxine
RossAdd your answer:
Earn +20 pts
What is mathematical related currency?
see if we need to go abroad we need to calculate every single currency suppose u r in India and u need to go to Europe over there u need to calculate how much euro dollar = Indian rupee
How do you calculate the lock in rate on interest rate futures?
Lock in rateThis is the difference between the Libor rate and the futures rate when the contract is taken out on a pro rata basis.E.g.Now - 1 JulyLibor - 5%December Futures - 8%If we are looking to borrow from the end of December (Futures mature at the end of the month)then the lock in rate is 8% IF we intend to borrow from the end of September (using Dec Futures), lock in rate:- Now 1July----End September is 3 months away---End December is 6 months away Lock in rate = pro rata to 30 September Between 1 July and 31 December1 July Libor = 5% 31 Dec futures = 8% So Lock in rate = 5 +(3/6 x (8-5)) = 6.5%
How many US Dollars to pounds GB?
The rates change every day. Use this currency converter to calculate it.
What is one million US dollars to Indian Rupees?
The rates change every day. Use this currency converter to calculate it.
How is Jet Fuel hedged with futures?
Jet fuel can be hedged with over-the-counter instruments like options and swaps or with exchange-traded futures such as futures on crude or heating oil. These contracts are based an underlying commodity which is not jet fuel. Therefore, it is not a perfect hedge. In the U.S., there is no futures contract on kerosene, the primary component of jet fuel.
