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A six-month forward contract on currency exchange between Euro and Dollar is quoted at 1.2117. The dollar risk free rate is 3% and the euro
A six-month forward contract on currency exchange between Euro and Dollar is quoted at 1.2117. The dollar risk free rate is 3% and the euro risk free rate is 6%. Calculate the spot rate.
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Fixed Income Securities Valuation Risk and Risk Management
Authors: Pietro Veronesi
1st edition
0470109106, 978-0470109106
