Mix Of AFM And Interest Rate Illustration 2


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Mix Of AFM And Interest Rate Illustration 2

USD INR 48 Spot

Interest rates: India 9% per annum and US of A 4.7835% per annum.

(a)    Calculate 3 months forward rate

(b)   Calculate AFM.

(Ans.: 48.50 and 4.17%)

 

 


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