On 1st January,2021 the spot rate is $1.65 /1 and the UK and US interest rates...
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On 1st January,2021 the spot rate is $1.65 /1 and the UK and US interest rates are 6% and 8% per annum respectively. What would be the one year forward rate ? Verify the result with the help of a suitable examples. On 1st January,2021 the spot rate is $1.65 /1 and the UK and US interest rates are 6% and 8% per annum respectively. What would be the one year forward rate ? Verify the result with the help of a suitable examples.
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Related Book For
Advanced Accounting
ISBN: 978-0538480284
11th edition
Authors: Paul M. Fischer, William J. Tayler, Rita H. Cheng
Posted Date:
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