OMR and US dollar are currently trading at OMR 3 = $1. Inflation in the US is expected to grow at 2% per annum and at 4% per annum in Oman. Which of the following is the future spot rate of OMR/$ in a year's time? (First 4 decimals consider for selecting the correct answer) a. None of the options b. OMR 3 $1 c. OMR 3.0598 = $1 d. OMR 3.8805 =
OMR and US dollar are currently trading at OMR 3 = $1. Inflation in the US is expected to grow at 2% per annum and at 4% per annum in Oman. Which of the following is the future spot rate of OMR/$ in a year's time? (First 4 decimals consider for selecting the correct answer) a. None of the options b. OMR 3 $1 c. OMR 3.0598 = $1 d. OMR 3.8805 =
Chapter20: Short-term Financing
Section: Chapter Questions
Problem 4ST
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8-OMR and US dollar are currently trading at OMR 3 = $1. Inflation in the US is expected to grow at 2% per annum and at 4% per annum in Oman. Which of the following is the future spot rate of OMR/$ in a year's time? (First 4 decimals consider for selecting the correct answer)
a. None of the options
b. OMR 3 $1
c. OMR 3.0598 = $1
d. OMR 3.8805 = $
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