Options
- A
99.75
- B
102.50
-
100.40
Correct answer
- D
98.90
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NSM General NISM
Medium
#NISM Series VA
One-year rates: UK 2%, India 7%; spot GBPINR = 98. Six-month future rate closest to?
Practice question from NISM Series I - Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.