Question
Calculate the 30 days forward rate between USD and Euro using USD as a base; spot exchange rate is 1.03 Euro/USD, the US interest rate
Calculate the 30 days forward rate between USD and Euro using USD as a base; spot exchange rate is 1.03 Euro/USD, the US interest rate
is 3%, European interest rate is 1.25%
O A. Euro 0.97235.
O B. Euro 1.02855.
O c Euro 1.0315S.
O D. Euro 0.42925.
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Project Finance For Construction
Authors: Anthony Higham, Carl Bridge, Peter Farrell
1st Edition
1138941298, 978-1138941298
