What should be the 6-month forward exchange rate

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Reference no: EM131974185

1. The spot rate between the U.S. dollar and the New Zealand dollar is $1 = NZD1.3364. Assume the interest rate in the United States is 4 percent and in New Zealand is 2 percent. What should be the 6-month forward exchange rate? (Do not round intermediate calculations. Round your answer to 4 decimal places.) Forward Exchange Rate _____________________________per nzd

2. Given these two exchange rates, $1 = 12.365 Mexican pesos and $1 = €0.7924, compute the cross-rate between the Mexican peso and the euro. State this exchange rate in pesos and in euros. (Do not round intermediate calculations. Round your answers to 4 decimal places.) Cross rate of 1 peso_______________ Cross rate of 1 euro_______________pesos.

Reference no: EM131974185

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