CA SUNIL SURI (chartered accountant) (353 Points)
15 October 2009plz solve this sum
QUS: You are given the following information by your BANKER :
SPOT RATE (Rs./Can $) : 25.00/26.00
Rupee Interest Rate (6 months) : 14.00/16.00
Can $ Interest Rate (6 months) : 9.00/11.00
DETERMINE THE LIMITS FOR SIX MONTH FORWARD RATES.
CA Thomas Raju Paravada
(Chartered Accountant)
(570 Points)
Replied 15 October 2009
six monts thoritical rate is 26.125 per canadian dollr
But give the question more clearly
CA CS Bhumika Thakkar
(CA,CS)
(1618 Points)
Replied 15 October 2009
d expected spot rate wud be 26.1468/27.1927
CA SUNIL SURI
(chartered accountant)
(353 Points)
Replied 15 October 2009
this question is from the book of MAFA, RAJESH MAKKAR SIR
Excel Mastery Program
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