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Character Question 28 (2 points) The forward foreign exchange rate Is the rate that ensures that future expected purchasing power will be in parity Determines

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Character Question 28 (2 points) The forward foreign exchange rate Is the rate that ensures that future expected purchasing power will be in parity Determines the future spot exchange rate Is the ratio of equivalent spot amounts in each currency compounded to the forward maturity at the respective currencies' spot rates Is unaffected by changes in interest rates

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