Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. usa/bdt gbp/bdt eur/bdt cad/bdt jpy/bdt usa/bdt

USA/BDT GBP/BDT EUR/BDT CAD/BDT JPY/BDT USA/BDT 1 ...

50.1K

Verified Solution

Question

Finance

USA/BDT GBP/BDT EUR/BDT CAD/BDT JPY/BDT
USA/BDT 1
GBP/BDT -0.06508951102 1
EUR/BDT -0.0176071478 0.6028715218 1
CAD/BDT 0.9929794538 -0.03307736401 0.002805583242 1
JPY/BDT 0.9922670325 -0.04377623398 0.01481672442 0.9890090207 1

What can you learn from the estimated correlation coefficients? Explain, how you (assuming that you are a financial controller of a large MNC which having cash flows in all currencies) can use the estimated correlation coefficient to manage the foreign exchange rate exposure.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Lisgender individuals If a patient does not subscribe to Male or Female gender they have...

Basic Math
Q

1) design and development of an option trading strategy. Pick a stock and design an appropriate...

Finance
Q

5. Given the function y = q(x) = (x^2)/(x-1) a. What is the domain of q(x)? b. What...

Basic Math
Q

Describe the fundamental assumptions of psychoneuroimmunology (PNI). Describe how our perception (or appraisal) of a life-event can...

Psychology
Q

Given the equation y = 2cos3(x - 30) + 1 has a maximum when x...

Geometry
Q

Consider the provided five-number summary:Minimum = 4, Q? = 8, M = 12, Q3 =...

Basic Math
Q

6. Describe the strengths and weaknesses of the current PES for foreign subsidiaries at Falcon....

Accounting
Q

ABC Corporation was formed at the beginning of last year. The balances on its post-closing...

Accounting
Q

Bill llev dos formularios W-2 a su preparador de impuestos para preparar sus impuestos del...

Accounting
Q

You have the opportunity to invest $10,000 in one of two companies from a single...

Finance
Q

The Tempo Golf and Country Club in London, Ontario, is evaluating two different irrigation system...

Finance
Q

You are forming a complete portfolio using the risk-free asset with a 2% return one...

Finance