Assume the following rates (per annum): 90-day bank bills: 4.60% 180-day bank bills: 4.90% 270-day bank bills:

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Assume the following rates (per annum):

90-day bank bills: 4.60%
180-day bank bills: 4.90%

270-day bank bills: 5.50%

Based on the the approximate method.Calculate the 90-day forward rate (as a percentage) beginning in 180 days' time.

Related Book For answer-question

Management and Cost Accounting

ISBN: 978-1408093887

8th edition

Authors: Colin Drury

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Posted Date: Jun 22, 2023 11:44 PM

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Assume the following rates (per annum): 90-day bank bills: 4.60% 180-day bank bills: 4.90% 270-day bank bills:

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To calculate the 90day forward rate beginning in 180 days time using the approximate method you need ... View the full answer

Management and Cost Accounting

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