Question
The spot exchange rate between the Vietnam dong (VND) and the euro (EUR) is S0(VND/ EUR) = VND 20.00/EUR. Eurocurrency interest rates are i(EUR) =
The spot exchange rate between the Vietnam dong (VND) and the euro (EUR) is S0(VND/ EUR) = VND 20.00/EUR. Eurocurrency interest rates are i(EUR) = 2% and i(VND) = 7% per year. What should be the two-year forward exchange rate F2(VND/EUR)?
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Real Estate Finance Theory And Practice
Authors: Terrence M. Clauretie, G. Stacy Sirmans
5th Edition
0324305508, 9780324305500
