Question
2-) What does the interest rate parity say about interest rates if spot and forward rates were the same? 3-) Imagine that your new co-worker
2-) What does the interest rate parity say about interest rates if spot and forward rates were the same?
3-) Imagine that your new co-worker argued that the current forward rate quoted on a currency pair is the markets expectation of where the future spot rate will end up, what would you say?
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
