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Thai Baht f = -1.25%
Thai I = 3%
f = Thai I - Philline I or -1.25 = 3 - X
solve for X: X = 3 - (-1.25) = 3 + 1.25 or 4.25%
since the PHP is a discount, f is a negative #.
Does that answer your Q?

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上一主题:Quant Schweser_Question ID#: 86494
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