x ACtounts_# oo i — Undastandias ot intrest Raliy calent ation 4 Jalon a, 3. Compounding C conversion of Pv & Fv) d. pi Stoun ting Clemerrsion of FY & pv) $ concep! 4 elective inte yala os Creation of atnk n a —Pumd +. Amortiz ating oF debe Q. Cole ctation 4 eml s 9 Role 4 Ae 1 Carr — -Flouss . I! Calenlobian of net Ih Tyme 4 Ano ite. 12. Calewtalion of PY aud FV Y Caletatien of amnubily Lertel on PY 6 Fv. gntvent 16 & Cask Of manny + hug borrowing, sem % Jameker. fob Com dus stele 4 vetewt C8) Simple ate pote! Own Unk lor ow et - sa = princtpal_% kalex ime ©. ial a = re = St Scanned with CamScanner prevent Valor of ann uftel, 4 tunel bey A boyrowey compound * annual oO cf fined th® Poinci pol is tb amount loo1y awed | >ROl ts eapuused tach, Like, Joh. Jo decima Syslog XS Moy, ¢ . loz, is oto yoo 3h pot stated ofhe.uie > Time ts in M4 ER pajogoa , R =a Pe Te Siar « Caleuhts tabut ~ | & total__dmousi + Spbut — ooo ¥OO¥X3 = 2400 “Total — Omued cupasa bli = [0,000,-+ 2400 = 12460 Eg yx tnvested Ry. lgov0 @ bf Roz Calculate tatu ty 4 T= PTR = l0,000 ¥ Sx X2 =l200 ey- Z tut esd lo tb yO Bo ROT fo Oni YLs. Coulee monthhy {| donuol i inte - y T= Pte = l[9aeee Yeo XI = $000 * moet hy indut = $009 = Be GEG. OF: Time pabd = Cinout yloo) / Px Eg x winks f easn on totewt qk. x00 one pone tpal Quapust a Rs 10,000 at 10% oak Z tibuk. For how much peated , hu. Ahould clepoit HR Cumousk with thy banka, Pr I Time -Gre0x1e0) / ¢is09o X/o) = syeor. Be Rob 4 dnbut = Cankiuk x(oo)/CrxT) Scanned with CamScannergE KR Wor tok Rupes Qvoilaba je Yeon G oe “he wow fp ean am inline OF fs. S000 On “Hey ampud - At what ote 4, tatrert he Abovlel Abpost hy Qnpund > wilh he bak 1 a Rabe 4 wlik — , (5000 Yoo ) [Cins0s x4) = 500000 ; 140009 = (26%, Ps Compound jnbat_* pcompound tofu s- clexin 9 th given perto ol ducl tabet ts ve - Hew intent is paid On princi ada Ts Charged more thos Ones saveded immed ally ipl cece umbaled inlew > Amounk = ? CAtr 5 pe Pindpa , r-Ror, A= 7 q tins tatewels- EM yx deposted Bs. {0,000 qo Bank Eo @ %5y fn 2 yan what wil Le fhe mobusiby Value ond how funch wll be trl earning 2 > Maturity Volur = 10,000 (1-085)*= [0,000 y 11792 = Re AAD # Compocunding Rulers > Compoundtag a Fateut = 197% - Igoe = Qs. late. ¥s annual Cap nothiy stall ) Com pouncling Cam de “holy et wh welts a weal, Bah Scanned with CamScanner—. Ht qher the ~fregueneyy 4 Conppouncting , haghey the interet canned. Calealation wotth Annacl Compounding = PCityn Cateulation with HY fom - Caluslation with Quester Calculates wih month 2 chposited vy 10 bak ta bank FO fn pounding HP Cite yee Com potn ding =P Cliath) compound 199 = P Cit ¥/.)"" dws y Dyan How renet be well ak torm kab gq takerel- ouceive On maliathy d ve Anal Fowgurue C Compounding ) Fy = py x Clty)? = 10 Lee X C blo)? > lolee ¥ Clo xX (to) = (0 hae Kha] = 12, lo,000. + Semi - oniwel hal a yeoy Ere semeiy CCompouuntins 5 Ror & fe habuh ttm multiple & bay doublé por =5%. Tem interval = 4 4 Fy cpvx Clr vfrd Fy =evy% Choa)! = lo ha x Clos y Fos x¥los ¥ los) - to bac ¥ C121551) o 12,165,610 4 Quarto Erequeny (com pounding) Ror be Yate a time multiple & le 4. Oot -acd. 9 Hau tateowals “ oo Scanned with CamScannerFV =P RK 6 UE) Fy = Pv x Clo2s)* lo Lae % Cl-92S kl -o25 \ 1025 ¥t by os ¥ bow y¥}ors yleors A }-025) lo boc X |.21%HO2 12, (3,402: u A = t2pl0000 | Hy = (2 15510, OH ta 18, 402 the end % ayn at [Of PA) Br- 2 wants be get Rs. lo tae ad how muck de Almould Toved Mot we Annwal Fouguiny (pis coum ting) 5- S pysev ek ina = lo har ( tit) = 10 bee x Coa Tg) = te tae Coy) = lo hoc ¥ 0, 926446 = &e buys we Sent — annual ov holy = ymuby — eregusnyy (ois Counting) emi — Onna Ror b& be Fralucel ge ttm mul Ei ple t be doubled. Ror =sefo> Tim intervals 4 >Pv Fv X! rai? > lohkac % (1/ Ct05 y 105 K [05 tlos i) > lee ® f ae) =? Jo Lae xX 0. 22402 > 8,2 240L a Quartely Prepoanuy C olstounttag ) s- pose be PR eg He maltiph bb 4s] Scanned with CamScanner(Ror - o5y7. and time jotavals 8. ve pvy —tL— ° J re (ine) | = 10 lacy ——————— 015 X Ors. - 2X 1-O2e = Ip bay, (—hLon) = Ig bac X b.fe0 448 be 21% 402 = 920707 A= 226,646 HY = gpe, Toe 1 Os g, 10,4474 a Ey when Py_diven # & Py_udken totoet givens Py = yetenet * Pee ey Cara * yxn > anteut Gn on Cou depostted tn bank 81 ye @ lo} ts Rs 1e0o- that war Grount deposfted? + PVs ¢ l000 / Co.tx2) Py = @s- 5000, ‘ : bank @ wh FB ogrs - C 1+ Con xe) ) as stoo deposed i FY Sho de Fy = 500 Fy = 000% C1402) . Fy = $000 X In =6o00 . 2 x Rot when Ev ts qivenk gptme when by owen € ce Fy tov -1 ne Fvdpv n Te, te GOO deposited tn a bank becom Rs. Good in ayes. — yohat is ROT 4 > wl G000 /5000) -\) /y Scanned with CamScannerC\2- f2 = 2 fy = ot fe lo a Ro $000 deposited 9 a bank become Rs C000 , @ lo. hot is Tt > ne [teooo /5000) -1J [oe ne Chart) fot , ne orfof ool be ayeuy: ays the or ow apotale En Fev a period g 3f° aud ‘ gs. gyn & CF i paasiods for is sum and ot 4 is | [bla Find ot 1 evince! Ameen 9 Rae ontuwt) > pid ble ST_& SE fo py. sh Sr ton BO 2400 cho Wy = 80 § tyr (coo) cr fe ays | = ec. Diy 0 rtm fa lyy Coda 64 enkin jabint va too PH NYY) \ 8° 2 wae <9 panes] ae = LUCE flea 2 64. cL ! o. princi ped omoubi- | r= a ots Tr | prio . | . joo ¥t lft ! 2 PS ae OF look BPS = (0,00, i (xd >. Compound rate fi ayn ar Ie)" @) = 1000 (14-$,) = Igo (59) | 2125 q+ - | 4 ALK ge = 19,T4% — [9000 = 9549 - i hs Sr g Cr ditt = WAAR -2 400 =(F4+ i Scanned wi Camscannera: Prestut population of acttt 1, 26 4a*. Greif, | cali Sef. pa. and Gul popalalidn . CS f= 0-05) Apts ayd © & agen costly population ak Ay. ay Py CItV)” 20,00,000 % C y+ 0-05)" = 20,00,000 ( hesyt _ 24, 31,000 . babi , ealini- . OP afecatinn aye gull .' Es = hee = (294 00,000 * = IG 05" U4 0-05) . i= 2 purchond O cr fa es Glee. Oeprecialion yok fs lof. . pind | pepreciated Vobur ot ont 4 a¥d yeas, 2, “Amount OF cleprecialvon 8: tay pre ciation. sh l Bepreaakd Velus of yes im = pxcicn = 5, 00,000 x C l= o4o)® = $, 00,0 00%( oO ay = 36,4500: = 3, 64/00 . 4 a: Beyre eration fa YyNe— 4 9j00,000 + 3.64, S00 = 2 Avg ate q depredatiion °- avy UU sewoel 1,38,50 j = Cdepre ciation) y/o ' Cos Period : Scanned with CamScanner= 1a9see y (28 "6, 00,088 a = q-034e x Ped wnt Rake ¢— 4 ab 18 gor cahteh does not chee during Cleveuy ha loom . Auto loan given @ WS*/s -fa ays. et- AL neorket interent yeukes Chonae _ it wil | yemaa > Even sys a highe / Afieor oy lea then Plooting tre 3 se Com = tert rot 2 4 Olemen actbiding tb ae, Fee see! on benebinas kate vebtch com Loe jkiand 9 oabanwl - I fi kL brings chome in floatiry vaty benel need fh change vin t wth ts cheer by0 fimel oF -fles- 4. Rovvourrs — chawt ~ting pyPront — ended debut +- Eflecbion ost x “ | 4 FIONN ~ encle’ Frnt ende 4 abe 1s decluctal ot | Proceeds of Loam gatiu vali ak tHe time ce disburse nuit Ex. Discounting of Lyaree bill 4 erchonpe OR costwet J Papen, % Book ended “Jilin $- [ettectivs he Boch ene aati woh ts Choa gee! at ent of Afiuel joented wes Amour! % lean temporarily cp & + Jt inerect th amouxt 4 inkewwt- of frok ended Tate eopfeeloce ¢ lon Mere - Scanned with CamScanner hn (an mae , on boro with+a How ts Colerdat ofection tatvek Wal’ . A A tur wb 4 gabuk :- bis taken inte Ae He Comput, etek fupomy 4, dbo popeek Cetatel vith Sink Remember 2 “Ele gult_doo_net ain Throne (elon. AES ke |o,00° 1. in Ryn? at hie oub. ¢ vara 2 > ak bh Rar 10 how may Yan be wre CPpyor Ry 29000 sa Wh ° @ Ret ae a4 reetitts = y 6 Te “at ae s 12 jee Scanned with CamScanner1 a6, (%A) vel = ail 24 (M4) 13% w6 4h ia. 14" SI S f. 1. (h4 ish 4g ae I hes 1 jo-3 tao 4 +L é 7 4.0 et bp fe, £-0 tag oe Wot, Bek aue-4h a ape {ls em) stoking “) Peatun q eM! —“ iz Ve Amt pout ty Cancel cach Bin. 2 Tift olby i luaé cleentat is tiighe, ta tw patel aw g principal Quah to bw. 3 with parpmed 4. ecedh yo\tubonadt the Intend nat declinw ¢ pupioeed low ads priacipal face cures. EM\ (ou dot Catetabs on o stnulty Giver, ighne +P = print pal R= galnsb ote =fon tastabmect pets . Scanned with CamScanner| = (Poy ip inbat i> bh PA, Rot zoo!) N= MO A instalevnls to the tentore. ee KM obtain a cor loan 4 Re 5 low From ce pvvebe pre in aye to equal jastall wm eaks Jt Rox fingers Fox io 4h ¢ wha to MA tek of EMI gh: ROT =24-[o, PN 5 mon thby Ror = 24 2 at, 2 No 4 tinue ratnvels = apes XB > Be. Ctr Claris J 24 (5,0,000 X 0-02) (+ 0-0) ais ——————S— C te om) 24-4 Tae . 4 = [d, 000 ( wots ) = 10,000 X2.64%¢ Em) = p xy \" 3 26436 Pv gq rnnuityy 4 Bs 26,420 © ee Arvquits fala on Par doable = 1¥. 11292 py = 26,436 X18 9Bd3 = §, 00,000 . = x pur Charred & Cor fa g. hac: aes salvage Value will La ps 8,000 at ead gq lO Yr, woley ho bill qunckue GQ nus Con (osttag bs. Joy Lacs AE #% Rox | “hp vile he rhoudel rane urttenlly) SM TR Sia Fiad - Ponds needs tb Le crealed (rn os Ifa ve qeive J Be —— Scanned with CamScannér_Cost 4, neus CO = 10, 40/000 . + 80,00 0 hes Aalucge value = 4 Fas tt cao 0 ¢ Sy ond of [0 Yd mo rine ry (tty 2 aFce,000 - al 3 ) l A ( t+ 0-04) 21 ~ 0.07F =a lagan-)) eo q , 65 000 = é 3 We) By plans ty \orrous @ 10% = . oe able fn sy Re. 10jc00 Obl dyer . Jt he fo, @ 19,000 Maw anil what ts_e) 2 [lot pa mea = 00083 be ‘ moa: ji hom win epab an U -l+ py g loan = [0,002 -+ [8,000 bin) . Y o00 = (0,800 + (Fears = (9000 + 4041, os 14,69) #Calelolioo g ew. Tp yy {ten lot Rams Ut) laoar x d008% ( 1+ 0-0083)¢) C [-t 0.0093) Emir 406 ‘ Scanned with CamScannert 1. cost of money Vied uy a peo bey Lovrowtng Avon ote pawn , 6 cath — Rake 4 inet Rot tet 9 PRT z000 = ST ther iniewt Ts Chasgeel move poded pie 15 call —Compoundtrg or discounting. ye Ettetive Rote of anorml [0% kor fs = lO% 5. frat becomes pos om pr Role gs Ge Rule 6. Ana flootiy ok 4 sath 1 Th, th cute 4 howd Or Bonchmanle mabe =z To wake o bullet yayned oF lean wohed is created sioleiag Sund = cnt cet Auten ) the tilt Hho enue , fn A Given double duafag & Jive Perfod ack givey, jatent is ge gn a front ended tnt is. pmodedl frat - " ; 4. an a stoking pom | Ata annie amt Calculated wr * Fulune Valus CFV) > sinlciay fled — Fv 0 Fate vale) 3) Em) Fund Pv C panot ‘fable 10> Qn Cw mort f3ation a loon , +h aencriby 15 Cobdeber varvet pout value (PY) ‘Aleut Compounding is mode Av eget ss & tk gt montk —discoun ted yeelue b Lew » Dan banks, ros keep Coleuteti lion 4, tntuavr $5 60 month-end below Le / deity “yelence > ely balan. Scanned with CamScannerIw — td postive Also called coh taftow- Tegatins Com flows uahen co fiver makes Poems Algo Calla Conk out flow . > Poses Col -flqust- com avatlabl. ot preacat- Pubian corr flows car & be Qyatlable fn ~Pabine Simple_ov sing! Corr flows A eana Hse Cah flow Cpesue OY payne FO) multiple Cor flew cal Ploe eel Sos Oe whe Con ds annuity a perpetuity Cdepslts 19 28 ¥ reokian (| obi Corb flat. A pile coh Plows carina ‘Velene then a pres y y ¥ s codr flaws ht ts following reagent: 3: people Dive prefemmer te Paeneiet Con Seemp Elon vretthen Hon fufint — Costin . . a & = Be Vole Oy Moma ualepre cos dy fobins soba’ * Scanned with CamScannerPee Tha bei negedims Canh flour clas fh Cork wp pie Oth flows — Curb _vecetved ~positue Cask Plows . postive. Caw Tet ls J ** Cav vuceived 15 coulle! ine FY FS IS Pyocess of convating » PY Crk velo) C Cork ffs Teds OFF — eppurtanila (oP i lows va 2 Ope * Ventous Type, ¢ col flows > positive cor Slows when O firm vecetves Casts, Also called coh inflow. > Negotiar co flows woken ofan ynaken Peal Algo coblat Cok outflow.” Poet Cas Hous cul avatlable at preacat. > > Sabian coh Blow cayh & be custlable to Sabie > Gimple_ oF single Cah flows A Gime be Car flow C issue Op Fo) > miulbipe Cots flovs :- Car Plows ad Swvernt oecase” wah Cor Le annul a perpetuity Cdeplts wh 4 Feolinn fabian Cork last A Padme Cola Flos — Corniin la» Vader “Hhan pro! cola fis vet ds» follwing Peatont: 5. PePPle Give profemer a — prenceet “Lon Suamption otlkan Ron Putas Comsingiian The Vola Oy On uabipre Gales 4-filbiow colue & scanned with eeéanneroe fuw 18 ble obout Com flow fa -febtine lve te tuncedata jen, x Discord Rah y- Discount oval A> the ovate at cobtch, “thu efector Couly flow 1» cachinatel fy va parte! Oud lows Calle! “Fall ot). ge taker gto ae Tae following -faclau: Koy Pow fen ( ‘Pitlan distor —aate fa ) 7 olin patfetuce Pa expected nt lation be 4 highs discount ate fa higher inflation 4 hwaer dis(ount walt fh fous foflation - ¥ Vacortatatty to fable can How: high discousd vrai for higer Unart ointy re Risk, Lows dis cou vial, fa) Lowes terrtent acinty # Trade Off t- t then powers — Consuwp” Sons fume (pnsumption tC), 10 pelinn fh Sone a ata QD le off. inosiiy eulivn. (alscorud ooli ) , (eis kana Tvac es- 2 haut p 94 000 wohtde Me (cu Spout he Cow tea Co) 15 put off pak 10 a banie: He de etded fy al The money with ohank cd Il ~ Portal Consmip tio’ faded — ol + Cenchongeel) wilh jokes vali fa Om Gee : é Hubast canning « Scanned with camscaterk tema analt te ; LOM pound tof. pownel Vola (py) toto Je js ce process OF : Gy wren inteurk cute fubne volute Fy, of agra Pubes Valor (ry K Discoumtia 4 ee con Vertiag Gs Ve is & proceys of <6 Into pound vabun pvy-at a given dis count Pe sev a Cen] #* FV ot siaghe Co flaws > Folier Velet can be Caleeletid by Compund i 9 aunt volo f ’ % toverte d Re jo Lake @2 a banle team deposit Eji- t = mult he wat il get ak ap PA ryens Hoe fs wa ith annual compound $1 = Bi Py enx Ch? 5 a Fv = pve (ty) = lo lok % > 10, 00,000 “Yt orxX le & PY sags tot low 3 r ae ia we pounnt vob Com be Calendate! Ly descontin 9 fulnw Gab flow . ee. Pe pesson els (tr o- ae 1 8¥, 100, ‘eo Set TO MHL Ct thy end Scanned with CamScannerFous mucl ohe Attoulel Poveyt mown at 9% pay —_—__—_- eae Cire ( 4 - Ey yY —H— 7 pPyis Cito)! = |O Lat ¥ toy = Qits3lel4 x Ey. EM 2 onpects by Sell q howe fa 10 bale wp he travels gs B tak now Allenativedy, he Con tayet gona rateay i lime FD at leh be gut eioheb tohieh ne is Letter 6 { ve io ’ Pw Cran = tolok y —1 = Nola x 0 916 five 7 “1 ae gne Yeon ott, Aye | - gia. a invedned pata) Bae Yet « = Smt! of & Lot te Wowtey ‘ive in FO %& gu Rs. lO Lan Otte 410. hour bs gut to kak Atte Gre yey 40 Thou Ts betf Dption .~ * Opport vm Cost 2- Opportumias F Je is for yors oulion form Om allanative tovt , whoa Crnothn _prslet_f Ghasen 0 meke |Avesmedt a“ oa citves ethan tavt 1s made 49 on ossd/ seantty (ke bani | FD, (Sy At Jot Ror) Te te risk ree Cov Cami nominal viele): ss Scanned with CamScannér_<>! when! invi ts mode TO Q Wainer) oY ier ab Conia huge tid bet Provides higles cretion “ q x & } Fito this aye han” Ont o provi of, 10 this o*fs forh md >I 1m urine : oe Coste thr

. COsh ov reddy vole ( 70) — FOr same dey sett le mest TOM toe = t bem len day- | > Tom ob (T+ ido For neat bowling clay Settlement + >. Spot vale (T+ Qdaysy _ Pov setflemed om 3% aankis Scanned with CamScanriera # Forwod gal | atly spot pertod of — > When getrlemenr taker place T+ deg * Pyemium = Spot volt 2 Pubs vase ¢ Uso me Spot Garso: Febme 64.30) *® Discount = Spot rate > Futune vot (uso fina Spot Coro * Fudure 64-60) # Quoting F — Fovumrd eal s- > FoYwond yay oe guoted IP tems of -foywaad mosgins Called Forward défrmentials: (35-32 ov 2-40 in the eaample below? B — guro 4 = OSD 1.2180 / ag > 1 month -forwerd = 36-32 ° 2 months fovwad = 42-0 3 3 months -forwerd = 0-104 S Jn this cat, royword Euro is at, distoumt Cfarwad Uso at Q premiun quoted 17 de scendtag order) amd 4a. ose (om he Punchasee OF 1.3190 — 0.0032= |. 3158 \ i > contract dated ® Qelo— 2019 Deltwy J gel Hemeal £4 10 2011 ye Robes Cash robe ‘ oer SO contract dated, [2° V- tom del ; oekuery | Settelment 1 10-1 — 204 - Scanned with CamScannereS x Qob_. TOM vali +. conteact dated + Qe jo 2017 oelivoy] settlement > [1 —10~ 20¥% y Rol 3 Spot oy TT yalt -3- ke ¢ oe Rul» for peremium & discount :. Wie FOYT BISCO Und » \Forwed Ascending — Premium t mon —_ Is [v0 Forwand descending - Discount}! 4 month — Is fir premium - Added discount — deduced | * Forte -3 *¥ > Forward volis, how 2 Components. 1 Spot Rati «9 FOVWward __Pofats: rok > Forward points vepresent He interest ral dittevew teat rat. hifh > ptscoun -4n atest yab leo? 3 Panstiom for different Settlement data. ae_Spot yolk ¢- EuvO 2 = USP {3180 euro 4-080 13330 5 3 moaths for word + Te differena 150 porns bl ‘there _ vepresent Favcawal Points, + ractérs thi cdeterrine Forward font ° Supply amd demand for the Coveney e Cute enpe ~Chativy >. ardent vote differmce lola 2 turvencien tienen Cunnnor having higher inteowst rok, is qigted Scanned with CamScannerat a dtscount - Eys- Intevesk us aefe 10 Jodia 5%. Indien yn), ‘5(0U it USD a & prem, thal the nest 6 ee, 1 “isa yei4n Cubienty, | FE is a Salt and pochan gq corelya 7 + aetivane - Pert ad ea) | An operation to make vise “free profits by i % Chere Simatt> . odt - setting -pransaction® C Sole G Pur Sts Je ton Le ta saterest valin C @rrow fn Ore contye at low trtevest and lend ta other Ceulin ect high tater.) De tom des Tn exchange robis. Buy Lows tn Ome mole and Sell high fo ofl menket simultane calyy, Dur ® technological changes vie Scope, od Gn bitrag: TS nominal: [A LORE + ‘ ward di Henen Hal Cole lation q. For di Henen Had > Eup 4 =0s $140; Euro interest rae fs 6% and us val is 12%° WH 2 bevvouss Euy 6 00 for A yam Gnd Af& Conyerston t% vs $) javeaty fod Gre Year / lous will be 5 + euro Old-flow . goyrowta 4g 6 + intevesl pad = let =. US f inflows 4 [4005 4 Cloo euro @ |-40) + interest of (ot = I5GR- 5 Ate - ae A be han = ovo In Cus y sek Converted jato Eure ab a Hen. gataly-(y =Eure & a Oncthis Can the euro [og © OS J 156-8. Hone Scanned with CamScannerat a discount + Egs- Intevest vs aefe fa Jadia Si. gndi on Ve pre quoted of 0 Scent & UEP A REN Sho be oO + goreiyn cuneney * Tis a Sale and purchare * Avlsityage w By erioniowly cob bolt “ted mode An Opaation +o make vise f¥ee profits by C Sale % pun chore simalts . =neously) off - setting srronsactton® aateret valin C Bvvow fn one centre lend in cthey Cealin cet high ‘ater ga Ore mare De Can be ta at (ous intevest Dt tom Le in and Sell high in ond’ erchange vel Buy Lous orfter meerket simaltane cual. Du *% technological changes pte Scope o¢ Gn bi tvage TS nominal: = FO Re -4 *! * Colulation q Foye Gi Hien Hed 5 > Ewo 4 =us $140, Eo interest cab ts é%, and us vak is Ith” H 100 doy 4 ym and = Ata 2D bevvads Euy 6 Conyesion t vs 4, javest, fof Gu yer / Htow will bes + euro Obflos , gorrowtag WO +f ingeves! paid = lob 3. U5 4 inflows 5 | 40 05 4 Cleo ewo @ 40) + intevest of ley = I5G%- o> Adt Dyer he hon = woro In Cus y ier Converted ato Euro at i 3 Hente gataly-tn = Eure 6, 5 On-thin Cor the Ewo oe = OS JY 156.8. Heme Scanned with CamScanner£uvo 4 = Late Forward pitteential 5 - uO , [4492-1 4000 = 0.0992. + coleuletion of -foreoand potas Cor ty SWAP Cost) Ques: JN aleve example ,Eure Azus 4 bao yak oven ya drt{erential WS fe. or a OF days “Teva calculate th forward ptotnt s ¢no oF day ia 1 eens) 4. Forward points s- Foe [Esrot volt y interert rote caittevential x Forward penied CE frevntin’ Koo nog aup 10) te Year (00 0-100 3 = (treo KEK Ag) — 0.92/10 “a6 6 ¥100 #, > * Calculation f oro ineeneat aistential fro Fouad poi akss~ P Ques TA above rr t caleriation 4 iatenest vols dittountial Con be made with athe hubs of oy mula 2 IC Forwaxd points % no-s, anys 1a He yeaa 210.0) ar aise Spot yale corwasal j = 67. 2 (0-028 20 KL00/ \.4o %40 Scanned with CamScannerQuy 4, * Foe — x _ =—" Forex vat. ro dethe FS 4A vs 4 =H 68. P09, Dn london dm 4 Usd = O80 pound, otertlta 4g. that Df eying ale fh pound [ze t Sd uso f we eee Rats = 68-80 Uso] pound — yy Qu = I RO Pourel by. yo . me FO = 8 1.8 pound = ke %, O-¥o OE Uso iq e bank vale ta Dvd = 5290/40 PR 30 london Euro = US4 Lachs. Genk Pac expat Lill of Eure 4b, 000 - uot vos & bk _ ond “few uch yall be credited && Cwtome arkout 4g USB buy Rab = TYPO a TTR “gg ews . — buying Rab = | USD euYO _ sRvo Xl TO>= 99-96 a pore Credit tunkamen ac = WIL ¥ (00006 = 997lp00 Qua 3 4nles -Banle Ewo = us B J 2270 /m Gn worth forward 4d. 48. 2 month forward = 92.9] He bane ho & buy Ore month forward from Ome Hon, honte, ehot wil be Yater sa Bonk will eH cu alin ~ Loon, salting yatretorio kyno 16 AG dts@unt , CFscount 1s dectucd Scanned with CamScannergu moath distount <9. 00 43 Roti = yr 8e- 0.0049 = | 2234 ye Foren —G K a7 Colwlal Forward points: eure | psp SRok = e390 sokevest dittevont ial - o%, fowad priod = 120 clos, No 4 deus in a ean = 360 sh Forrle* : Spot Rate Kantner vate d'ttenential K FOvuars Peuicd ” nog days in pan ylO0- - (1-30 x2 kno) _ G.0086 of [0 ass: qalendatn wisel Aiflventinl f- Ewe spot = 135 , Forward point? = 0: 0048) vso no ay doy) ia ayer = Blo, Forward pelod = V0 do cam porwlai~ — \roruurd —potat> ¥ no +4 days in He yeos Wed * Apot vale x Forwos 4 pertod . = o-00uk K3bo Koo 1-33 7 rz: Las * 10 > Coleututt — poruscad difterenttal —— =< A deal bevrow+ usp }10,000 © ato 10 nevayan Scanned with CamScanfierJove ta pen e-o in Mawhal ( S% FON a tug, Uso Jive = 6y.00. B, Us eollok outflors:- ovrowt ag 19 000 + lene 200 14, 2 Ine @ inflow ;- 6) 45,000 + intext 4.2)250 = 6/44 250 We BE NOT oes f 3. convasion J int _b& vr» = 1A, 2 59 CHO (1) — C3) = Joso0 - In 200 = 200 orp C Aue to ye inte — ditfencwcetl 7 [0 soo, p Gale How usp to,qoo0 = 6, 74,250. Hen, ait re i4Hountial = 64, 5000 —6a. Forwand Didtountta 445000 — 66. 344) - = 1 EOF, Scanned with CamScanner