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As of today, the spot exchange rate is 1.00 = $1.10 and the rates of interest are 2% in the USA and 3% in the

As of today, the spot exchange rate is 1.00 = $1.10 and the rates of interest are 2% in the USA and 3% in the euro zone. What is the one-year forward rate of the euro? Select one: a. $1.11078/ b. $0.90026/ c. $1.0893/ O d. $0.91800/

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