The interest rate in US is 4% and in UK is 4.5%. The spot market rate is $1.77, and the
forward rate is $1.72. The sterling pound is being sold at-
A. Discount
B. Premium
C. At par
D. None of the above
Answer
А
B
c
d
Answers
Answered by
8
Answer:
discount is the right ans
Answered by
0
Answer: discount is the correct answer
Explanation:
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