Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. with the information below, calculate the 3-month

With the information below, calculate the 3-month USD-CNH FX swap (in pips; corrected to 1...

90.2K

Verified Solution

Question

Finance

With the information below, calculate the 3-month USD-CNH FX swap (in pips; corrected to 1 decimal place) Marks are given to both the initial formula and final answer.

CNH spot: 6.5500

3mth USD Libor = 0.45% (Act/ 360)

3mth CNH Hibor = 2.88% (Act/ 365)

3mth xccy basis = -0.25 % (Act/365)

Take number of days in 3 months as 92 days

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

26. Two polygons are similar. The perimeter of the smallerpolygon is 66 m and ratio...

Geometry
Q

Suppose a company has proposed a new 4-year project. The project has an initial outlay of...

Finance
Q

A solution of pentane and ethanol CH3CH2OH that is 50.% pentane by mass is boiling at...

Chemistry
Q

Limo Ltd is a small family owned company that has been suffering from the credit crunch...

Accounting
Q

How do homologous structures serve as evidence to support the theory of evolution OA Structures...

Biology
Q

46 Which is used to hydrolyze the peptide bonds of a protein to yield free...

Biology
Q

The population of lengths of aluminum-coated steel sheets is normally distributed with a mean of...

Basic Math
Q

Rotate the point 680 to within 10 1 0 0 1 y 0 1 1...

Algebra
Q

Billingsley Entertainment has the aging schedule shown below....

Accounting
Q

What is an equivalent unit and why do we need to determine the cost per...

Accounting
Q

Cybercrimes carry criminal penalties. True or False

Accounting
Q

Break-Even Sales and Sales to Realize Income from Operations For the current year ending October...

Accounting