Homework Help: INB

Posted by deshaun on Thursday, May 15, 2008 at 8:31am.

You are assigned the duty of ensuring the availability of 100,000 yen for the payment that is scheduled for next month. Considering that your company possesses only U.S. dollars, identify the spot and forward exchange rates. What are the factors that affect your decision of utilizing spot versus forward exchange rates? Which one would you choose? How many dollars do you have to spend to acquire the amount of yen required? I need some help because I don't understand how to read this chart. Please anyone how can help me,I really would appreciate it so much bec ause I am at a lost here.

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