Question
Australian 3 year interest rates are currently 5.23% pa continuously compounded, while in the USA they are 7.66% pa continuously compounded. Also 1.1300 Australian dollars
Australian 3 year interest rates are currently 5.23% pa continuously compounded, while in the USA they are 7.66% pa continuously compounded. Also 1.1300 Australian dollars (AUD) currently buys one US dollar (USD). Calculate the 3 year forward exchange rate. Give your answer to 3 decimal places.
$AUD buys $USD1
Australian 3 year interest rates are currently 7.18% pa continuously compounded, while in the USA they are 8.5% pa continuously compounded. Also 1.5900 Australian dollars (AUD) currently buys one US dollar (USD). Calculate the 3 year forward exchange rate. Give your answer to 3 decimal places.
$AUD buys $USD1
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Bank Valuation And Value Based Management Deposit And Loan Pricing Performance Evaluation And Risk
Authors: Jean Dermine
2nd Edition
0071839488,0071839496
