The interest rate in US is 4% and in UK is 4.5%. The spot market rate is $1.77, and the forward rate is $1.72. The sterling pound is being sold at- A. Discount B. Premium C. At par D. None of the above

Principles Of Marketing
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Author:Kotler, Philip, Armstrong, Gary (gary M.)
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Chapter1: Marketing: Creating Customer Value And Engagement
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Time Left: 00:09:52
The interest rate in US is 4% and in UK is
4.5%. The spot market rate is $1.77, and
the forward rate is $1.72. The sterling
pound is being sold at- A. Discount B.
Premium C. At par D. None of the above
Training
Transcribed Image Text:Time Left: 00:09:52 The interest rate in US is 4% and in UK is 4.5%. The spot market rate is $1.77, and the forward rate is $1.72. The sterling pound is being sold at- A. Discount B. Premium C. At par D. None of the above Training
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