题目
Assume that the current spot exchange rate is 0.8950 USD per 1 EUR. An American bank pays 3.5 percent annual interest rate for a dollar deposit and a European bank pays 2.75 percent annual interest rate for a EUR deposit. Both rates are compounded annually. If the interest-rate parity theory holds true, calculate the no arbitrage forward exchange rate for one year from now:
选项
A.0.9015
B.0.8990
C.0.8975
D.0.8950
答案
A
解析
The interest rate parity theorem can be used to find the equilibrium forward EUR/USD rate.「huixue_img/importSubject/1564169523966382080.jpeg」