Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter17: Multinational Financial Management
Section: Chapter Questions
Problem 6MC
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Assume that the spot rate for the US Dollar is ZMW24, while the 180-day forward rate for the Zambian Kwacha is ZMW24.4. What is the forward rate premium?
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