Forward rates. Your company has posted you on a 30-month overseas assignment in Budapest, Hungary You will be fiving on the Buda side of the river, but will be spending much of your time on the Pest side. The current indirect rate for the Hungarian forint is 104.59 forints per U.S. dolar. If the anticipated inflation rate in the United States is 2.5% and the anticipated infation rate in Hungary is 8.1% (annually), what exchange rate do you anticipate at the end of your assignment? What exchange rate do you anticipate at the end of your assignment? fonts per $ (Round to two decimal places)
Forward rates. Your company has posted you on a 30-month overseas assignment in Budapest, Hungary You will be fiving on the Buda side of the river, but will be spending much of your time on the Pest side. The current indirect rate for the Hungarian forint is 104.59 forints per U.S. dolar. If the anticipated inflation rate in the United States is 2.5% and the anticipated infation rate in Hungary is 8.1% (annually), what exchange rate do you anticipate at the end of your assignment? What exchange rate do you anticipate at the end of your assignment? fonts per $ (Round to two decimal places)
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Hongary in1.1%(onnaly), what erchange rato do you antopate at the end of your aisignmani? What exchange rate do you anficipate at the end of your assignmem? fornts per 5 (Found to two decimul places.)
Transcribed Image Text:Forward rates. Your company has posted you on a 30-month overseas assignment in Budapest, Hungary You will be living on the Buda side of the river, but will be spending much of your time on
Pest
in the
The
is
the
Hungary is 8.1% (annually), what exchange rate do you anticipate at the end of your assignment?
What exchange rate do you anticipate at the end of your assignment?
fonts per S (Round to two decimal places)
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