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Management · Q814

International Finance and Treasury

Graduate and Post Graduate · Management · question 814

Q814

If the spot rate of US dollar is Rs. 60 and one mouth forward rate is Rs. 62, the forward rate premium (p) will be

A.
40%
Answer
B.
(-) 40%
C.
33%
D.
(-) 33%

Answer: Option A

Solution

Answer: Option A
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