Question
US interest rate is 3% (annual) and Sfr interest rate is 6% (annual). According to the Interest rate parity condition current spot FX rate is
US interest rate is 3% (annual) and Sfr interest rate is 6% (annual). According to the Interest rate parity condition current spot FX rate is $0.68/Sfr, the 90 days forward rate for Sfr has to be __________.
Group of answer choices $6851/Sfr $0.6749/Sfr $0.6649/Sfr $0.6951/Sfr
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Personal Finance
Authors: E. Thomas Garman, Raymond Forgue
8th Edition
0618471421, 9780618471423
