Business, 14.05.2021 22:50 sanchez626

Use the information below to answer the following questions. Currency per U. S. $ Australia dollar 1.2376 6-months forward 1.2357 Japan Yen 100.3200 6-months forward 100.0600 U. K. Pound .6793 6-months forward .6780 Suppose interest rate parity holds, and the current six month risk-free rate in the United States is 3 percent. Use the approximate interest rate parity equation to answer the following questions. a. What must the six-month risk-free rate be in Australia

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Use the information below to answer the following questions. Currency per U. S. $ Australia dollar 1...

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