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Posted on Jul 28, 2024

SpoT Rate = $ 1 = 5 0 6 months FR $ 1 = 5 2 . 5 0 Rate of interest in India =

SpoT Rate

=

1 = 50

6

months FR $

1 = 52.50

Rate of interest in India

= 15 %

Calculate the rate of Intereset in USA assuming IRP true

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