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(5) You are given the following: Comparable interest rate in Kuwait 5% Comparable interest rate in US Spot rate for the KD 3.5% $3.5

(5) You are given the following: Comparable interest rate in Kuwait 5% Comparable interest rate in US Spot rate for the KD 3.5% $3.5 You need to calculate the 30-day forward exchange rate on US (Kuwait is the local country; use up to 4-digit numbers)) I

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