Question: answer now please Question 5 Not yet answered Marked out of 12.00 The market rates are as under Rs/ 82.30/32 1month 5/6 paise 2 months

answer now please answer now please Question 5 Not yet answered Marked out of 12.00

Question 5 Not yet answered Marked out of 12.00 The market rates are as under Rs/ 82.30/32 1month 5/6 paise 2 months 10/11 paise If a bank requires an exchange margin of 4 paise, what should be the rate to be quoted to an exporter who wants to have an option delivery in the second month? Flag A- B 1

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!