The USD/KWD spot exchange rate is 0.3162. The current 6-month T-bill is 3.10% and the 6-month interest

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The USD/KWD spot exchange rate is 0.3162. The current 6-month T-bill is 3.10% and the 6-month interest rate in Kuwait is 2.65%.

What is the 6-month currency forward price?

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Advanced Accounting

ISBN: 978-0077431808

10th edition

Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik

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Posted Date: Jun 01, 2023 12:15 AM

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The USD/KWD spot exchange rate is 0.3162. The current 6-month T-bill is 3.10% and the 6-month interest

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To calculate the 6month currency forward price we need to consider the interest rate different... View the full answer

Advanced Accounting

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