Question
If the 9-month U.S. Treasury bill rate is 1:75%; the spot rate is 0:85US$ = 1:00AUD, and the 9-month forward price is 0:8522, what is
If the 9-month U.S. Treasury bill rate is 1:75%; the spot rate is 0:85US$ = 1:00AUD, and the 9-month forward price is 0:8522, what is the current 9-month Australian interest rate: (a) 3.0%; (b) 1.40%; (c) 2.25%; (d) 1.75%
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Handbook Of Business Valuation
Authors: Thomas L. West, Jeffrey D. Jones
2nd Edition
0471297879, 978-0471297871
