Forex Spot and Forward Illustration 8


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Forex Spot and Forward Illustration 8

 

Following quotes are available in Mumbai:

(1)   USD INR 39 (Spot) and USD INR 38 (6 month)

(2)   EUR INR 57 (Spot) and EUR INR 59 (6 month)

Calculate annualized % Forward premium or discount on $ and Euro.

(Ans.: For $ 5.13% & For Euro 7.02%)

 


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