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Investment in 90-day, 180-day, 360-day treasury bills denominated in Euro provide annualised yields of 6%, 6.5% and 7% respectively. where those of identical maturities in
Investment in 90-day, 180-day, 360-day treasury bills denominated in Euro provide annualised yields of 6%, 6.5% and 7% respectively. where those of identical maturities in the USA in US dollars offer 4%, 4.25% and 4.50% respectively.
If the current exchange rate is Euro 1.2 / dollar, what should be the value of euro in terms of US dollar after 90 days, 180 days and 360 days ?
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