On September 5, 2013, the one-year forward premium for the Argentine peso against the U. dollar was -39.The spot exchange rate on that day was 5.7088…

On September 5, 2013, the one-year forward premium for the Argentine peso against the U.S. dollar was -39.3%. The spot exchange rate on that day was 5.7088 pesos per dollar. According to interest rate parity, what was the one-year forward exchange rate on that day?

a.3.4652 pesos per dollar

b.7.9523 pesos per dollar

c.0.1063 pesos per dollar

d.9.4049 pesos per dollar

On September 5, 2013, the one-year forward premium for the Argentine peso against the U.S. dollar was -39.3%. The spot exchange rate on that day was 5.7088 pesos per dollar. Which of the following is NOT true according to the international parity conditions?

a.The peso was expected to depreciate against the dollar in one year.

b.The real return for peso investment was expected to be higher than that for the dollar.

c.The peso interest rate must be higher than the dollar interest rate.

d.The peso inflation rate must be higher than the dollar inflation rate.

Show more

Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more