The following table shows interest rates and exchange rates, Ask an Expert

Management Studies

The following table shows interest rates and exchange rates for the U.S. dollar and the Philippine peso in 2007. The spot exchange rate is 47.43 pesos = $1. Complete the missing entries:

The following table shows interest rates and exchange rates for the US dollar and the South African rand. The spot exchange rate is 5,855 rands = $1. complete the missing entries:

1 month 3 Months 1 Year

Dollar interest rate

Annually compounded 5.00 4.9375 ?

Rand interest rate

Annually compounded 18.30 ? 16.00

Forward rands per dollar ? ? 6.4675

Forward premium on rand

(% per year) ? -10.9 ?

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M9103822

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