Which of the following is not a version of the purchasing, Financial Management

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Which of the following is not a version of the purchasing

1. Assume the current U.S. dollar-Singapore dollar spot rate is SGD 1.32/USD. If the current nominal one-year interest rate in the U.S. is 2.5% and the comparable rate in Singapore is 1%, what is the approximate forward exchange rate for 360 days?

a) SGD 1.3332/USD

b) SGD 1.353/USD

c) SGD 1.30/USD

d) SGD 1.219/USD

2. Which of the following is not a version of the Purchasing Power Parity?

a) Conditional version

b) Absolute version

c) Relative version

d) Law of one price

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Financial Management: Which of the following is not a version of the purchasing

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Financial Management: Which of the following is not a version of the purchasing

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