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The interest rates in the Egyptian pound (EP) and the Saudi Arabian riyal (SAR) are .11 and .05 respectively. If the spot rate is 4.2
- The interest rates in the Egyptian pound (EP) and the Saudi Arabian riyal (SAR) are .11 and .05 respectively. If the spot rate is 4.2 EP equal 1 SAR, what is the forward rate of the 2 currencies in equilibrium?
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Arshad Ahmad, Jordan Fortino
6th Canadian edition
1259453146, 978-1259453144
