Question
__________ is a theory according to which the interest
rate differential between two countries is equal to the differential between the forward exchange rate and spot exchange rate.Solution
The interest rate parity (IRP) is a theory regarding the relationship between the spot exchange rate and the expected spot rate or forward exchange rate of two currencies, based on interest rates. The theory holds that the forward exchange rate should be equal to the spot currency exchange rate times the interest rate of the home country, divided by the interest rate of the foreign country.
In a certain code language, β201511920β is related to 'TOAST' in the same way β321181851420β is related to which of the following words?
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- The rate of simple interest for which βΉ12,000 will amount to βΉ14,400 in 5 years is:
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- In the first month, the income of Q increases by 40%. In the second month, his income decreases by 40%. What will be the percentage increase or decrease in...
What is the code for βwhich beβ in the given code language?
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How many persons sit between X and Q?
How many meaningful English words can be formed from interchanging first and second letters of each word given in the series?