5 The respective interest rates in the USA and the UK are 9 per cent and 10...
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5 The respective interest rates in the USA and the UK are 9 per cent and 10 per cent respectively in annual terms.
If the spot exchange rate is US$1.6000 to £1 what is the forward rate if IRP applies?
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Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
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Related Book For 
Corporate Finance And Investment Decisions And Strategies
ISBN: 9780273695615
5th Edition
Authors: Richard Pike, Bill Neale
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