A BRL/MXN spot rate is listed by a dealer at 0.1378. The six-month forward rate is 0.14193.
Question:
A BRL/MXN spot rate is listed by a dealer at 0.1378. The six-month forward rate is 0.14193. The six-month forward points are closest to:
A. –41.3.
B. +41.3.
C. +299.7.
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B is correct The number of forward points equals the forward ...View the full answer
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