The interest rate on EUR deposits is 7%. The interest rate on GBP deposits is 5%. The spot rate is EUR/GBP0.8500.
What is the one year forward rate predicted to be assuming interest rate parity holds true?
A . 0.8662
B . 0.8341
C . 0.7500
D . 0.9633
Answer: B
Latest CIMAPRA19-P03-1-ENG Dumps Valid Version with 275 Q&As
Latest And Valid Q&A | Instant Download | Once Fail, Full Refund