Question
4) The current indirect rate is 110, the interest rate in the foreign country is 7%, the interest rate in the home country is 5%.
4) The current indirect rate is 110, the interest rate in the foreign country is 7%, the interest rate in the home country is 5%.
What is the forward indirect rate if t = 2?
A) 125.55
B) 124.78
C) 122.65
D) 114.23
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Contemporary Financial Management Fundamentals
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
1st Edition
0324015771, 9780324015775
