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Calculate the 90-day forward exchange rate given a spot rate of AUD/GBP 0.5555. Interest rates are 1% in the UK and 3% in Australia (use
Calculate the 90-day forward exchange rate given a spot rate of AUD/GBP 0.5555. Interest rates are 1% in the UK and 3% in Australia (use 365-day-year for both countries). Calculate the forward exchange rate up to 4 decimal places (in AUD/GBP).
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