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9 of 39 The one-year Treasury rate in the U.S. is 1.51% and the one-year Treasury rate in Italy is 2.83%. The spot exchange rate
9 of 39 The one-year Treasury rate in the U.S. is 1.51% and the one-year Treasury rate in Italy is 2.83%. The spot exchange rate of U.S. dollar (USD) to euro (EUR) is USD 1 = EUR 0.8392. If the interest rate parity condition holds, the one-year forward exchange rate would be Select one: O A. 0.8257 O B. 0.8529 OC 0.8284 OD. 0.8501
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