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The following table shows interest rates and exchange rates for the U.S. dollar and the Lilliputian nano. The spot exchange rate is 15 nanos = $1. <image 1>. What is Dollar interest rate for 1 year?



(A) 5.58


(B) 2.34


(C) 15.18


(D) 3.85


Answer with the option's letter from the given choices directly. No punctuation.


D


Difficulty: Medium

Subfield: Corporate Finance

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Input ID
4a0048b6-74e0-4413-b29d-43e3383befcd
Created
February 21, 2024
Permission
Public