Question
A bank has received a request from its client for a forward quote on USD/AUD, the current spot rate is 1.1647. Assuming the 3 month
A bank has received a request from its client for a forward quote on USD/AUD, the
current spot rate is 1.1647. Assuming the 3 month USA benchmark rate is 0.24% and
in Australia is 2.0%, calculate the forward swap point.
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Healthcare Finance: An Introduction To Accounting And Financial Management
Authors: Louis Gapenski
6th Edition
1567937411, 978-1567937411
