The Current Indirect Rate Is 100,the Interest Rate in the Foreign

question 86

Multiple Choice

The current indirect rate is 100,the interest rate in the foreign country is 5%,the interest rate in the home country is 5%.What is the forward indirect rate if t = 3?

• A)0.94
• B)100.00
• C)105.00
• D)105.25

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Definitions:

Contractual Obligations

Duties that are legally required to be fulfilled under the terms of a contract.

Assignment Protocol

Assignment Protocol is a set of rules or procedures designated for assigning tasks, responsibilities, or resources in an organized manner.

Delegation

The act of assigning responsibility or authority from one person to another, often seen in management or organizational contexts.

Assignment

The conveyance of property or legal rights from one party to another.