profil

Hank Moody Wrote:
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> Generally speaking, the domestic rate goes on top.


HankMoody, Thanks for responding. Not sure if it goes on top. Per CFAI book (equation 4 in page 679), domestic goes on the bottom?

As to my original question as how to identify which country is domestic - I think how you decipher which country is domestic is based on the rate quote. If rate quote is USD:EUR=1.4, it means the quote is for USD, so U.S. interest rate is domestic that goes on the bottom.



Edited 2 time(s). Last edit at Wednesday, March 30, 2011 at 08:41PM by vasanthcbe.