Given the following information, use the forward margin formula to determine the forward margin. AUD/USD spot

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Given the following information, use the forward margin formula to determine the forward margin.

AUD/USD spot rate 0.9000

AUD 90 day interest rate 4.00%

USD 90 day interest rate 1.00%

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Financial Management Core Concepts

ISBN: 978-0134730417

4th Edition

Authors: Raymond Brooks

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Posted Date: May 07, 2024 08:03 AM

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Given the following information, use the forward margin formula to determine the forward margin. AUD/USD spot

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Expert Answer:

The forward margin can be calculated using the following ... View the full answer

Financial Management Core Concepts

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