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24) What would the foreign interest rate need to be to achieve interest rate parity if the domestic interest rate is 5%, the forward rate

24) What would the foreign interest rate need to be to achieve interest rate parity if the domestic interest rate is 5%, the forward rate is 1.48 and the spot rate is 1.5?

A) 6%

B) 8%

C) 7%

D) 2%

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