blade,incsportexportcompanycasestudy(完整版)
【正文】 Acting as an intermediate, one could repay the currency at a smaller amount when borrowing the relatively weakened currency Under the Blade’s speculation, two scenarios of currency trend are provided: 1. When the baht depreciates from $ ? $ (in 30 days) 2. When the baht appreciates from $ ? $ (in 30 days) GBUTtem 12 When expecting baht to depreciate Under the first scenario (depreciates from $ ? $ (in 30 days) Providing either borrowing $10 million or 10 million baht: Baht should be borrowed: Shortterm interest rates (annualized) Currency Lending Rate Borrowing Rate Dollars % % Thai baht % % Speculative Profit = Fund received – repayment to the bank [ In 30 days ] GBUTtem 13 Steps of the Estimation (scenario 1) 1. Borrow 10 million halt and convert it into dollars: puted as: $220,000 =halt 10,000,000 X $ 2. Lend the $220,000 out at the interest rate of % (annualized) The fund received from t
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