Question 13 Revisit Later Let us say that USD-INR exchange rate is INR 80/USD. Also, based on the yearly data of the past, the changes in the exchange rate have a yearly mean of 5% and a yearly volatility of 10%. What is the probability that Rupee will depreciate to INR 92 or more in 1 year? Select an option O 6.68% O 16% O 12% O
Question 13 Revisit Later Let us say that USD-INR exchange rate is INR 80/USD. Also, based on the yearly data of the past, the changes in the exchange rate have a yearly mean of 5% and a yearly volatility of 10%. What is the probability that Rupee will depreciate to INR 92 or more in 1 year? Select an option O 6.68% O 16% O 12% O
Chapter1: Making Economics Decisions
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![Question 13
Revisit Later
Attempted: 0/15
Let us say that USD-INR exchange rate is INR 80/USD. Also, based on the yearly data of
the past, the changes in the exchange rate have a yearly mean of 5% and a yearly
volatility of 10%. What is the probability that Rupee will depreciate to INR 92 or more in
1 year?
]
Select an option
O 6.68%
O 16%
O 12%
O 8%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4443701b-496e-42a6-91fc-6b9255dbe93e%2F96ee315f-534d-40d2-858f-68eefd6fa3c4%2F7umgvej_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Question 13
Revisit Later
Attempted: 0/15
Let us say that USD-INR exchange rate is INR 80/USD. Also, based on the yearly data of
the past, the changes in the exchange rate have a yearly mean of 5% and a yearly
volatility of 10%. What is the probability that Rupee will depreciate to INR 92 or more in
1 year?
]
Select an option
O 6.68%
O 16%
O 12%
O 8%
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