Question
51. Interest rates are 7.50% in Australia and 5.50% in the U.S. Calculate the three-month forward rate if the spot AUD/USD is 0.7400. Select one:
51. Interest rates are 7.50% in Australia and 5.50% in the U.S. Calculate the three-month forward rate if the spot AUD/USD is 0.7400.
Select one:
a. none of the choices are correct
b. The forward premium is 0.7436
c. The forward discount is 0.7364
d. The forward discount is 0.7360
e. The forward premium is 0.7440
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Valuing Agile The Financial Management Of Agile Projects
Authors: Alan Moran
1st Edition
0117082880, 9780117082885
