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Assume the U.S. Dollar interest rate yield curve is flat (same at all maturities)at 2.0% per year and the Russian Ruble interest rate yield curve

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Assume the U.S. Dollar interest rate yield curve is flat (same at all maturities)at 2.0% per year and the Russian Ruble interest rate yield curve is flat at 5% per year. The spot exchange rate is $0.0200/Ruble (two cents). Assume your firm has a one-year contract to sell 1 billion (1000 million) Rubles at a contract price of $0.0200/Ruble (two cents). What is the value of this contract (choose best answer)? $60,000 Zero $6,000,000 O-$60,000 -$600,000 $600,000 - $6,000,000

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