6. Suppose you have 10 million that you can invest for one year anywhere in the world without any restriction. You are considering to either investing in the US or in India. The interest rate on one-year bonds in India is 9 per cent and in the US it is 4 per cent. The current exchange rate is 49.80/US$. What should be the one-year forward rate so that you earn the same return whether you invest in India or in the US?