100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Exam (elaborations)

Get your distinction

Rating
-
Sold
-
Pages
7
Grade
A+
Uploaded on
08-03-2022
Written in
2021/2022

MAC3702 ASSIGNMENT 1 - SEMESTER 1 OF 2022

Institution
Course









Whoops! We can’t load your doc right now. Try again or contact support.

Written for

Institution
Course

Document information

Uploaded on
March 8, 2022
Number of pages
7
Written in
2021/2022
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

Content preview

MAC3702 ASSIGNMENT 1 – SEMESTER 1 OF
2022




FOR ACCADEMIC NEEDS CONTACT US AT /0651609781

, 1. 2.2662

𝐵𝑢𝑦i𝑛𝑔 𝑅𝑎𝑡𝑒 + 𝑆𝑒𝑙𝑙i𝑛𝑔 𝑅𝑎𝑡𝑒
Mid - Rate =
2

(2.2891 + 2.2433)
=
2


= 𝑅2. 2662

2. 2.0798

1 + i𝑛𝑡𝑒𝑟𝑒𝑠𝑡 𝑟𝑎𝑡𝑒 i𝑛 𝑟𝑒𝑓𝑒𝑟𝑒𝑛𝑐𝑒 𝑐𝑜𝑢𝑛𝑡𝑟𝑦
90 – day forward rate = 𝑆𝑝𝑜𝑡 𝑟𝑎𝑡𝑒 *
1 + i𝑛𝑡𝑒𝑟𝑒𝑠𝑡 𝑟𝑎𝑡𝑒 i𝑛 𝑏𝑎𝑠𝑒 𝑐𝑢𝑟𝑟𝑒𝑛𝑐𝑦

90
1+(0.07 * )
365
= 2.0664 * 1+(0.0435 *
90
)
365


= 𝑅2. 0798

FOR ACCADEMIC NEEDS CONTACT US AT /0651609781

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
UNISOLUTIONS University of South Africa (Unisa)
Follow You need to be logged in order to follow users or courses
Sold
297
Member since
4 year
Number of followers
264
Documents
91
Last sold
8 months ago

3.8

40 reviews

5
16
4
11
3
7
2
2
1
4

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions