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Home Q & A Board Other Fields Homework Help Business Management
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stranahan stranahan
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7 years ago
The current indirect rate is 100, the interest rate in the foreign country is 7%, the interest rate in the home country is 5%. What is the forward indirect rate if t = 3?
A) 0.94
B) 112.63
C) 110.00
D) 105.82
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
Author:
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torchunicycletorchunicycle
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7 years ago
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stranahan Author
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#2
7 years ago
Thank you very much for this. It's really helpful.
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