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A bank has been asked to provide a three-month forward AUD/USD buy' quote for a corporate client. The following information is available to the FX

A bank has been asked to provide a three-month forward AUD/USD buy' quote for a corporate client. The following information is available to the FX dealer at the bank: Spot rate: AUD/USD 0.76540.7659 US interest rates: 7.73% per annum Australian interest rates: 8.64% per annum Estimate the three-month forward buy' rate.

A.

0.7637

B.

0.7639

C.

0.7642

D.

0.7644

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