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Hi. You just helped me with a question. However, I pasted the wrong question for #1. Can you re-do it? The question I submitted for
Hi. You just helped me with a question. However, I pasted the wrong question for #1. Can you re-do it? The question I submitted for number 1 should actually read like this: 1. Suppose that a US interest rate is 4% and the forward rate for the Korean won is 1 won = $0.001 and the spot rate is 1 won = $0.0011. What is the interest rate in the Korean market? (Assume that the US is home and the interest rate parity holds.)
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