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Your company, A Canadian Firm, is deciding to invest in Risk Free securities in India. The investment has a 7% quoted interest rate Given the
Your company, A Canadian Firm, is deciding to invest in Risk Free securities in India. The investment has a 7% quoted interest rate
Given the following, determine the effective yield based on the following (5 Marks)
Probability | Change in currency |
60% | 1% |
40% | -8% |
|
|
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