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Assume the current U.S. dollar- TRY spot rate is 6,60TRY/$. Further, the current nominal 180-day rate of return in Turkey is annually 8% and 2%
Assume the current U.S. dollar- TRY spot rate is 6,60TRY/$. Further, the current nominal 180-day rate of return in Turkey is annually 8% and 2% in the United States. What is the approximate forward exchange rate for 180 days? (Assuming TRY is home currency) Ltfen birini sein: a. 6.41 TRY/$ a b. 6.80 TRY/$ 16 c. 7.00 TRY/$ d. 6.99 TRY/$ Uyg Kalai
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