Today is Friday 19 April. You are a bank FX dealer. You look at your Reuters screen and see the following rates quoted:

USD/NOKSpot:7.2580/00
S/W:25/23
1 month:100/90
2 months:195/175
GBP/USDSpot:1.6157/67
O/N:– 0.4/+0.1
T/N:1.5/1
S/W:11/9
1 month:50/45
2 months:105/95
  1. Some time ago, your customer sold GBP forward against NOK for delivery on 3 June. He now discovers that he will need the NOK on 30 April instead. He therefore asks you for a swap price to adjust the deal’s maturity date. What price do you quote (in terms of NOK per 1 GBP)?
  2. Some time ago, you bought GBP from your customer against USD, and the deal matures today. He discovers (early enough) that he does not have the GBP in his account, and will not have them until 30 April. He asks you for a two-way price to swap the deal from today until 30 April. What price do you quote? On which side of the price do you deal?

He has discovered that he is not in fact going to receive the GBP in (b) at all, and decides to reverse the contract he made some time ago. He therefore asks you for a two-way outright value today price. What price do you quote? On which side of the price do you deal?

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Benefits of our college essay writing service

  • 80+ disciplines

    Buy an essay in any subject you find difficult—we’ll have a specialist in it ready

  • 4-hour deadlines

    Ask for help with your most urgent short tasks—we can complete them in 4 hours!

  • Free revision

    Get your paper revised for free if it doesn’t meet your instructions.

  • 24/7 support

    Contact us anytime if you need help with your essay

  • Custom formatting

    APA, MLA, Chicago—we can use any formatting style you need.

  • Plagiarism check

    Get a paper that’s fully original and checked for plagiarism

What the numbers say?

  • 527
    writers active
  • 9.5 out of 10
    current average quality score
  • 98.40%
    of orders delivered on time
error: