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A German supplier is offering two options to his American client to pay for an equipment paying 12,000 euros in 3 months or paying 15.000

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A German supplier is offering two options to his American client to pay for an equipment paying 12,000 euros in 3 months or paying 15.000 dollars in 6 months. If the annual interest rote for the euro is 8% and for the dollar is 10%, what is the "implied" exchange rate? Hint consider the present value of both currencies Multiple Chaice 12500 dollar per euro 12500 euro per toliar 12543 doliar per euro 08235 dolus per euro 0.8000 delar per euro

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