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15) The 6-month interest rate in France is 2.5%. The 6-month interest rate in the U.S. is 5.3%. If the spot rate of the Euro

15) The 6-month interest rate in France is 2.5%. The 6-month interest rate in the U.S. is 5.3%. If the spot rate of the Euro is $1.05, the 6 -month forward exchange rate for the Euro must be what

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