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Assume that the spot rate of the Euro is $1.31/, the U.S. one-year interest rate is 4%, and the European one-year interest rate is 6%.

Assume that the spot rate of the Euro is $1.31/, the U.S. one-year interest rate is 4%, and the European one-year interest rate is 6%. What should the one-year forward rate of the Euro be? A. $1.1434/ B. $1.3425/ C. $1.2853/ D. $1.1931/

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