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Forward rates. Your company has posted you on a 9 - month overseas assignment in Budapest, Hungary. You will be living on the Buda side
Forward rates. Your company has posted you on a month overseas assignment in Budapest, Hungary. You will be living on the Buda side of the river, but will be spending much of your time on
the Pest side. The current indirect rate for the Hungarian forint is forints per US dollar. If the anticipated inflation rate in the United States is and the anticipated inflation rate in
Hungary is annually what exchange rate do you anticipate at the end of your assignment?
What exchange rate do you anticipate at the end of your assignment?
forints per $ Round to two decimal places.
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