Question
Assume that You are risk manager at ABC Investment. ABC Investment has taken 100.000.000 USD credit to finance new project for 180 day. Nowadays investors
Assume that You are risk manager at ABC Investment. ABC Investment has taken 100.000.000 USD credit to finance new project for 180 day. Nowadays investors expect high volatility in FX and want to hedge itself. Find forward rate using exchange and interest rates below.
USD/TL: 7,3025/7,3150
USD interest rate: 0,50/1,00
TLLIBOR: 17,00/20,00
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Contemporary Financial Management
Authors: R. Charles Moyer, William J. Kretlow, James R. Mcguigan
8th Edition
0324065914, 9780324065916
