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Annual interest rates are 4% in euros and 5.25% in dollars. Today's spot rate is S0$/=$1.05/. What is the one-year forward exchange rate? Please show

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Annual interest rates are 4% in euros and 5.25% in dollars. Today's spot rate is S0$/=$1.05/. What is the one-year forward exchange rate? Please show your work by including all units

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