Forward exchange rate for eur, Finance Basics

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Forward exchange rate for eur

Assume the spot rate for Eur/USD is 1.05. A U.S bank pays 5.0% compounded annually for a one year for a dollar deposit and a German bank pays 2.5% compunded annually for a one year Euro deposit. What is the forward exchange rate for EUR/USD one year from now?

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Finance Basics: Forward exchange rate for eur

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Finance Basics: Forward exchange rate for eur

Reference No:- TGS042150

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

Q : Allocating the service department costs

Q : Different legal forms of business organization

Q : Explain the short-run aggregate supply curve

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Q : Forward exchange rate for eur

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: Forward exchange rate for eur

Reference No:- TGS042150

Recent Questions Asked Finance Basics

Q : Allocating the service department costs

Q : Different legal forms of business organization

Q : Explain the short-run aggregate supply curve

Q : Consolidation worksheet adjustment

Q : Forward exchange rate for eur

Q : What happens to aggregate expenditures

Q : Pay back the money he borrowed with interest

Q : Manufacturing overhead costs to products

Q : Appropriate method needed to estimate state budget

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