Forum Replies Created
Viewing 2 posts - 1 through 2 (of 2 total)
- Posts
The home currency of ACB Co is the $ and it trades with a company in a foreign country whose home currency is the dinar, The following information is available:
Spot Rate = 20 Dinar per $
Int rate – Home Country = 3% p.a. – Foreign Country = 7% p.a.
Inf rate – Home Country = 2% p.a. – Foreign Country = 5% p.a.What is the 6 month forward exchange rate?
Viewing 2 posts - 1 through 2 (of 2 total)