@ 7:14 Question 16 Not yet answered Marked out of 2.00 P Flag question Mirbat company enters into a forward contract for a period of 5 months to buy some amount of USD. At the date of the contract, the spot rate is 1 OMR = 2.54 USD, foreign interest rate is 13 % and local interest rate is 7 %. According to the information given above, which of the following shows forward rate (FR) and Premium (P) correctly? Select one: a. FR=2.68 and P=0.135 O b. FR=2.89 and P=0.017 O c. FR=2.86 and P=0.180 O d. FR=2.77 and P=0.153 Previous page Next page