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Forex Problems1 by skalidas is a document available to read on EtoBox.

1. An MNC company in the US has $10 million to invest for 6 months. The finance director wants to invest in euros for higher returns. Information is provided on euro/dollar exchange rates, interest rates, and tax rates. 2. An exporter is worried about fluctuating exchange rates for a $100,000 export bill due in 60 days. The bank offers advance against the bill at 9% interest and a 60-day forward rate of Rs. 48.10. 3. An arbitrageur takes a Rs. 40 lakh loan in India at 12% interest to invest in the US at

Author

skalidas

Language

EN