Youhavebeengiventhefollowinginformation:ChinaAmericaOne-yearrisk-freeinterestrate6.25%12.4%Estimatedone-yearinflationrate4%11.4%TodayspotrateRMB0.1507/dollarThree-monthforwardrateRMB0.1478/dollarYouarerequiredtoestimated

Question

You have been given the following information:
China America
One-year risk-free interest rate 6.25% 12.4%
Estimated one-year inflation rate 4% 11.4%
Today spot rate RMB 0.1507/dollar
Three-month forward rate RMB 0.1478/dollar
You are required to estimated the following premium/discount and three month forward rate of the ZAR in AUD using interest rate parity theory (IRP).
老师没有讲过IRP,但是作业有,百度了看不大懂,

Answer 1

你已经收到以下信息:中国美国一年期无风险利率6.25% 12.估计一年的通货膨胀率4% 11 4%.今天的4%即期汇率0元.1507人民币/美元三个月远期利率为0.1478 /美元你需要估计下面的溢价或折价和三个月远期利率的ZAR AUD运用利率平价理论(IRP).