Swiss Airlines (Swiss company) sells today -on March 1st- airplane tickets to Club MED (French company) (contract size : 50 million Euros) • Payment will be made 3 months later in T1
Swiss Airlines negotiates a forward contract with a Swiss bank
Relevant quotes in T0
1 EUR = 1.5105 / 1.5155 CHF
3 month EUR = 3% - 3 1/16 %
3 month CHF = 1% - 1 15/16 %
Considering the previous quotes, what will the forward rate negotiated between Swiss Airlines and the bank be :

Problem 9-5. net present value and taxes [lo 1, 2] penguin productions is evaluating a film project. the president of penguin estimates that the film will cost $20,000,000 to produce. in its first year, the film is expected to generate $16,500,000 in net revenue, after which the film will be released to video. video is expected to generate $10,000,000 in net revenue in its first year, $2,500,000 in its second year, and $1,000,000 in its third year. for tax purposes, amortization of the cost of the film will be $12,000,000 in year 1 and $8,000,000 in year 2. the company’s tax rate is 35 percent, and the company requires a 12 percent rate of return on its films. required what is the net present value of the film project? to simplify, assume that all outlays to produce the film occur at time 0. should the company produce the film?