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Assume that the current spot exchange rate of the Singaporean dollar (SCD) is $0.7400. The one-year interestrate is 1% in the United States and 3%

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Assume that the current spot exchange rate of the Singaporean dollar (SCD) is $0.7400. The one-year interestrate is 1% in the United States and 3% in Singapore. What will the SGD spot rate be in one year according to the Intemational Fisher Bfiect (to four decimal places)

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