Question: Answer fast in 10 mins please Consider the following information: section 2 atret wered arked out of 500 (Rs./S) Spot (S) = Rs.45.40/8 1 year

Answer fast in 10 mins please

Consider the following information: section 2 atret wered arked out of 500 (Rs./S) Spot (S) = Rs.45.40/8 1 year Dollar interest rate = 4% Rs./s Forward 1-year (F) = Rs.48.35/$. If a borrower wants to borrow Rs.1,00,000 for 1 year, what would be the limit of interest rate in rupees so as he would prefer to borrow in rupees? -Flag westion A B 1

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