Question
Going to ask this for the 2nd time. Answers that I got back confuse me more. I needyour opinion regarding the usefulness of the formula
Going to ask this for the 2nd time. Answers that I got back confuse me more.
I needyour opinion regarding the usefulness of the formula to calculate forward cross exchange rates between currencies using this formula :
Fn= Forward Cross Rate
SF= Swiss Franc
CD= Canadian Dollar
Fn= (SF/CD) = Fn(SF/$) / Fn(CD/$)
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Fundamentals Of Financial Management Concise
Authors: Eugene F. Brigham, Joel F. Houston
11th Edition
0357517717, 9780357517710
