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The current USD/euro exchange rate is 1.4000 dollar per euro. The six month forward exchange rate 1.3950. The six month USD interest rate is 1%
The current USD/euro exchange rate is 1.4000 dollar per euro. The six month forward exchange rate 1.3950. The six month USD interest rate is 1% per annum continuously compounded. Estimate the six month euro interest rate. O a. 0.01716 b. -0.00716 c. 0.007155 d. 0.017155
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Handbook Of Research On Theory And Practice Of Financial Crimes
Authors: Abdul Rafay
1st Edition
1799855678, 978-1799855675
