Following Information are available in the international market: Spot rate: $1=374.50-74.70 One year forward rate: $1=27
Posted: Tue Nov 16, 2021 7:43 am
Following Information are available in the international market: Spot rate: $1=374.50-74.70 One year forward rate: $1=278. 20-78.60 One year INR interest rate 7.50% - 8.50% One year USD interest rate 0.25% Is there any arbitrage opportunity? compute the profit with 1 million.