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The following table shows interest rates and exchange rates for the US dollar and the Philippine peso in 2007. The spot exchange rate is 47.46
The following table shows interest rates and exchange rates for the US dollar and the Philippine peso in 2007. The spot exchange rate is 47.46 peso = $1. complete the missinf entries: dollar interest rate (annually compounded) 5.3 5.3 ? peso interest rate 9annually compounded) 4.15 ? 4.95 forward peso dollar ? ? 47.482 forward premium on peso (%per year) ? +0.19 ? Edit
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