3. Suppose you have 10 million that you can invest for one year anywhere in the world...
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3. Suppose you have 10 million that you can invest for one year anywhere in the world without any restriction. You are considering to either invest in the US or in India. The interest rate on one-year bonds in India is 15 per cent and in the US it is 10 per cent. The current exchange rate is *39.80/ USS. What should be the one-year forward rate so that you earn the same return whether you invest in India or in the US?
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Kirti Kaushal
Having experience of more than 10 years is good enough to coach my students. Currently, I am working as an active supervisor of ACCA students. In my career, I helped students in financial accounting, management accounting, cost accounting, financial reporting, taxation, and audit. I also helped students publish their articles or papers in good journals. I also helped students with thesis and objective writing.
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