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A spot exchange rate between Korean Won (KRW) and the United States Dollars (USD) is 0.420 USD per KRW. If the risk-free interest rate in

A spot exchange rate between Korean Won (KRW) and the United States Dollars (USD) is 0.420 USD per KRW. If the risk-free interest rate in the US is 5% per annum with continuous compounding while the risk free rate in Korea is 2% per annum with continuous compounding, what should be the futures exchange rate for a 7-month contract?

*Use at least 6 decimals for accuracy

0.4333 USD/KRW

0.4214 USD/KRW

0.4373 USD/KRW

0.4274 USD/KRW

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