jaimon48791 jaimon48791

01-04-2024
Biology

contestada

If the spot rate is $0.50/NZ$ and the forward rate is $0.55/NZ$. The interest rate in USA is 9% and the interest rate in New Zealand is 4%. What would be per dollar benefit for the US investor from investing in New Zealand bonds?
a. $0.054
b. -$ 0.054
c. $0.090
d. $ 0.040

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