MAC3702 ASSIGNMENT 1
SEMESTER 1 OF 2022
FOR ACCADEMIC NEEDS CONTACT US AT +27 68 077 9615
, 1. 2.2662
���i�� ���� + ����i�� ����
Mid - Rate =
2
(2.2891 + 2.2433)
=
2
= �2. 2662
2. 2.0798
90 – day forward rate = ���� ���� * 1 + i������� ���� i� ��������� �������
1 + i������� ���� i� ���� ��������
90
1+(0.07 * )
365
= 2.0664 * 1+(0.0435 *
90
)
365
= �2. 0798
FOR ACCADEMIC NEEDS CONTACT US AT +27 68 077 9615
SEMESTER 1 OF 2022
FOR ACCADEMIC NEEDS CONTACT US AT +27 68 077 9615
, 1. 2.2662
���i�� ���� + ����i�� ����
Mid - Rate =
2
(2.2891 + 2.2433)
=
2
= �2. 2662
2. 2.0798
90 – day forward rate = ���� ���� * 1 + i������� ���� i� ��������� �������
1 + i������� ���� i� ���� ��������
90
1+(0.07 * )
365
= 2.0664 * 1+(0.0435 *
90
)
365
= �2. 0798
FOR ACCADEMIC NEEDS CONTACT US AT +27 68 077 9615
