Australian 4 year interest rates are currentlyn9.21%npa continuously compounded, while in the USA they are 6.57% pa
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Australian 4 year interest rates are currentlyn9.21%npa continuously compounded, while in the USA they are 6.57% pa continuously compounded. Alson1.5900. Australian dollars (AUD) currently buys one US dollar (USD). Calculate the 4 year forward exchange rate. Give your answer to 3 decimal places.
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133255584
4th Edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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