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Australian $/US$ = A$1.5385 = US$1 US 90 day annualized interest rate = 5% Australian 90 day annualized interest rate = 8% 1) What should

Australian $/US$ = A$1.5385 = US$1 US 90 day annualized interest rate = 5% Australian 90 day annualized interest rate = 8%

1) What should the 90-day forward rate be?

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