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If the spot rate for Korean Won is that 950 Won is equal to

Paper help Economics If the spot rate for Korean Won is that 950 Won is equal to

Economics

If the spot rate for Korean Won is that 950 Won is equal to

If the spot rate for Korean Won is that 950 Won is equal to 1 US $, and the annual interest rate on… Show more If the spot rate for Korean Won is that 950 Won is equal to 1 US $, and the annual interest rate on fixed rate one-year deposits of Won is 3.5% and for US$ is 1.5%, what is the nine-month forward rate for one dollar in terms of Won? Assuming the same interest rates, what is the 18-month forward rate for one Won in dollars? Is this an indirect or a direct rate? If the forward rate is an accurate predictor of exchange rates, in this case will the Won get stronger or weaker against the dollar? What does this indicate about the market’s inflation expectations in Korea compared to the US? • Show less

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