current spot price is 1.2$/EUR while the forward price of a year is 1,18 usd/EUR. if the annual interest rate of deposit

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

current spot price is 1.2$/EUR while the forward price of a year is 1,18 usd/EUR. if the annual interest rate of deposit

Post by answerhappygod »

current spot price is 1.2$/EUR while the forward price of a year is 1,18 usd/EUR. if the annual interest rate of deposit s of the euro is 4% which is the annual interest rate of the USD? SOLVE AND SHOW ME THE SOLUTION. choose one of the following which is closer to your results. a. 5.76% b. 3.56% c. 1.69% d. 2.27%
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”