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- 2011-7-11
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- 2014-8-7
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Forward rate Domestic cost in terms on foreigh: 1 euro costs 0.50 dollars. DC/FC = .5/1 = .5
i rates are higher in euro than in dollars so in the future, if irp holds, a euro must be worth less. it will take less dollars to buy a euro. so say it takes .4 dollars to buy a euro. .4/1 = .4
forward rate is Lower when expressed in DC/FC |
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发表于 2011-7-13 16:36
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