8. One-year Thai baht and US dollar forward rate is Baht 36.75/US$. The expected inflation rate in...

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8. One-year Thai baht and US dollar forward rate is Baht 36.75/US$. The expected inflation rate in Thailand is 9 per cent and in the US it is 4 per cent. What is the current spot rate of exchange?

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Financial Management

ISBN: 9789325982291

11th Edition

Authors: I.M. Pandey

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Question Posted: Oct 23, 2024 12:02 PM

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8. One-year Thai baht and US dollar forward rate is Baht 36.75/US$. The expected inflation rate in Thailand is 9 per cent and in the US it is 4 per cent. What is the current spot rate of exchange?
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8. One-year Thai baht and US dollar forward rate is Baht 36.75/US$. The expected inflation rate in...

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