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The current exchange rate between Indian Rupees and Turkish Lira is 5.50 rupees/lira. The exchange rate is expected to be 5.80 rupees/lira next year. Investment
The current exchange rate between Indian Rupees and Turkish Lira is 5.50 rupees/lira. The exchange rate is expected to be 5.80 rupees/lira next year. Investment return in India is expected to be 10% in rupees and investment return in Turkey is expected to be 8% in lira. Calculate the following:
a) Rate of return to an Indian resident that invests in Turkey.
b) Rate of return to a Turkish resident that invests in India.
plz solve completely in word or excel
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