An analyst gathers the following information:
USD/AUD spot rate: 0.8027
AUD 1-year interest rate: 3.30%
USD 1-year interest rate: 2.42%
USD/AUD represents the amount of USD per 1 AUD.
The USD/AUD 1-year forward rate is closest to:
Exam-Like
A
0.7959.
B
0.8096.
C
0.8292.
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An analyst gathers the following information:
USD/AUD spot rate: 0.8027
AUD 1-year interest rate: 3.30%
USD 1-year interest rate: 2.42%
USD/AUD represents the amount of USD per 1 AUD.
The USD/AUD 1-year forward rate is closest to: | Chartered Financial Analyst Level 1 Quiz - LeetQuiz
