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Assume that interest rate ganty holds and that 90 -day miskree securities yield J% in the United States and 3,6%s in Germany. In the spot

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Assume that interest rate ganty holds and that 90 -day miskree securities yield J\% in the United States and 3,6\%s in Germany. In the spot market, 1 euro equeis 51,47. What is the 90-diy torward rate? bo not round intermediate calculations, Round your answer to four decithal places- 15 16 the 00 -day forward rate trading st a gremiumbe disoogint relative to the spot rate? The 5040y focwacd rate ia trading at. a reiative to the soot rave

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