Question
A 4000 Swedish Krona bill with a 200 Krona coupon is trading for 3500 Krona, and a 5000 Swiss Franc Bill with a 50 Franc
A 4000 Swedish Krona bill with a 200 Krona coupon is trading for 3500 Krona, and a 5000 Swiss Franc Bill with a 50 Franc coupon is trading for 4500 Francs. Both mature in 1 year. The Franc is currently trading at 9 Swedish Krona. If uncovered interest parity holds, the market believes the franc will trade at ____ Krona in 1 years' time.
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Business Mathematics In Canada
Authors: Ernest Jerome
7th edition
978-0071091411, 71091416, 978-0070009899
