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Assume the following information: The spot quote for the euro is $0.64 The 180-day forward rate of the euro is $0.62 The 180-day interest rate

Assume the following information: The spot quote for the euro is $0.64 The 180-day forward rate of the euro is $0.62 The 180-day interest rate in the United States is 6% The 180-day interest rate in Europe is 9%. What should the 180-day interest in Europe be for Interest Rate Parity to hold?

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