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Question 16 2 pts Guyra Gold Exploration Limited has ascertained that in Thailand the current exchange rate is AUD/THB = 33.37 and the risk-free interest

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Question 16 2 pts Guyra Gold Exploration Limited has ascertained that in Thailand the current exchange rate is AUD/THB = 33.37 and the risk-free interest rate in Thailand is 3.66% p.a. and in Australia is 2.47% for the evaluation of their proposed expansion into Thailand. The expansion will cost 1.34 million Thai baht and have a resulting cash inflow from this investment of 2.59 million Thai baht in year 5. Based on interest rate parity calculate the expected spot rate (AUD/THB) for year five. Your answer should be to four decimal places 0.0000

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