Fisher Effect (CIP) Illustration 4
Spot rate for US Dollar is Rupee 50. Interest Rate in India is 11% per annum and in US of A it is 6% per annum. Calculate 3 month and 6 month forward rates.
(Ans.: 50.6158 and 51.2136)
Fisher Effect (CIP) Illustration 4
Spot rate for US Dollar is Rupee 50. Interest Rate in India is 11% per annum and in US of A it is 6% per annum. Calculate 3 month and 6 month forward rates.
(Ans.: 50.6158 and 51.2136)
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