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1) (6 points) Use the following table of exchange rates to solve the problems (a) - (c): in USD per USD 1.6744 0.5972 EUR Spot

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1) (6 points) Use the following table of exchange rates to solve the problems (a) - (c): in USD per USD 1.6744 0.5972 EUR Spot 1-mos forward 1.6747 0.5971 3-mos forward 1.6744 0.5972 6-mos forward 1.6726 0.5979 1.9717 0.5072 GBP Spot 1-mos forward 1.9698 0.5077 3-mos forward 1.9661 0.5086 6-mos forward 1.9591 0.5104 c) (2 points) Suppose the 90-day forward premium on the USD/EUR exchange rate is 2%. Find the 90-day forward price based on the USD/EUR spot rate given in the table above

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