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6. The spot exchange rate for US dollars is 0.83. The six month interest rate for US dollar accounts is 3.2% per annum whereas

6. The spot exchange rate for US dollars is 0.83. The six month interest rate for US dollar accounts is 3.2% per annum whereas the six month interest rate of Euro-currency accounts is 4% per annum. What is the futures exchange rate for US dollars for delivery in eighteen months?

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