A company based in the United States is expecting to receive a payment of 10 million euros in next two months. The company is concerned about the fall in the value of euros and is thinking of entering into a forward contract to hedge the position. What will be the value of 10 million euros in US dollars, if the company hedges the position of exchange rate risk with a forward contract of 1.5 USD/EURO
As the company has hedged its currency exchange rate risk by entering into a forward contract at a future date (two months), the value of the amount it will receive will be = 10 million EURO * 1.5 (USD/EURO) = 15 million USD.
If a nine-digit number 89563x87y is divisible by 72, then the value of √ (8x -6y) will be ∶
A number n when divided by 6, leaves a remainder of 3. What will be the remainder when (n² +5n+8) is divided by 6?
A number n when divided by 6, leaves a remainder 3. What will be the remainder when (n2 + 5n + 8) is divided by 6?
21 is divided into three parts which are in arithmetic progression (A.P.) in such a way that the sum of their square is 155. Find the smallest part.
The largest three-digit number which gives the same remainder 1 when divided by 4, 9, 6 is:
The difference between the two numbers is 1980. The quotient and remainder are respectively 20 and 4 when the larger number is divided by the smaller on...
If a nine-digit number 785x3678y is divisible by 72, then the value of (x − y) is:
