Fight Finance

Courses  Tags  Random  All  Recent  Scores

Scores
keithphw$5,821.61
an4_bolt$4,086.43
Skywalke...$1,020.00
jtfan2$903.09
Visitor$850.00
Carolll$803.33
trungbin$803.09
Jade$785.80
cuiting$779.70
Visitor$770.00
Visitor$760.00
Visitor$700.00
Visitor$680.00
Visitor$650.00
Visitor$650.00
Visitor$650.00
alison$644.70
ninalee$639.70
Kyrie Ir...$590.00
Visitor$570.68
 

Question 667  forward foreign exchange rate, foreign exchange rate, cross currency interest rate parity, no explanation

The Australian cash rate is expected to be 2% pa over the next one year, while the US cash rate is expected to be 0% pa, both given as nominal effective annual rates. The current exchange rate is 0.73 USD per AUD.

What is the implied 1 year USD per AUD forward foreign exchange rate?




Copyright © 2014 Keith Woodward