Question
The inter-bank market rates are as under: Euro/$ Spot 0.8290/0.8300 1 month 0.8030/0.8035 2 months 0.8250/0.8255 3 months 0.8176/0.8181 What will be the rate quoted
The inter-bank market rates are as under:
| Euro/$ | Spot | 0.8290/0.8300 |
|
| 1 month | 0.8030/0.8035 |
|
| 2 months | 0.8250/0.8255 |
|
| 3 months | 0.8176/0.8181 |
What will be the rate quoted to a bank that wants to purchase Euro for option delivery over 3rd month, the forward margin?
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Management Of Islamic Finance
Authors: M. Kabir Hassan, Mamunur Rashid
1st Edition
1787564045, 978-1787564046
