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If the 6-month U.S. Treasury bill rate is 3:25%; the spot rate is 0:80US$ = 1:00AUD, and the 6-month forward price is 0:8048, what is
If the 6-month U.S. Treasury bill rate is 3:25%; the spot rate is 0:80US$ = 1:00AUD, and the 6-month forward price is 0:8048, what is the current 6-month Australian interest rate: (a) 3.10%; (b) 2.40%; (c) 2.05%; (d) 1.75%;
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