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plz solve the question correctly ***PUT THE ANSWER IN 4 DECIMALS*** Assume the following information: U.S. investors have 193259 to invest: II {dollar1} 1-year deposit
plz solve the question correctly ***PUT THE ANSWER IN 4 DECIMALS***
Assume the following information: U.S. investors have 193259 to invest: II {dollar1} 1-year deposit rate offered on U.S. dollars 1 1-year deposit rate offered on Singapore = dollars 0.6 1-year forward rate of Singapore dollars = Spot rate of Singapore dollar II 0.8 Given this information: What is the covered : interest rate parties? Answer: Assume the following information: U.S. investors have 193259 to invest: II {dollar1} 1-year deposit rate offered on U.S. dollars 1 1-year deposit rate offered on Singapore = dollars 0.6 1-year forward rate of Singapore dollars = Spot rate of Singapore dollar II 0.8 Given this information: What is the covered : interest rate partiesStep by Step Solution
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