important question of MAFA

CA SUNIL SURI (chartered accountant) (345 Points)

15 October 2009  

 plz solve this sum ???

 

QUS: You are given the following information by your BANKER :

SPOT RATE (Rs./Can $)                                 :         25.00/26.00

Rupee Interest Rate (6 months)                  :         14.00/16.00

Can $ Interest Rate (6 months)                   :           9.00/11.00

DETERMINE THE LIMITS FOR SIX MONTH FORWARD RATES.