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Country A has interest rate 4.45% Country B has interest rate 3.12% Expected exchange rate is 125 What is the Spot exchange rate? The correct
Country A has interest rate 4.45%
Country B has interest rate 3.12%
Expected exchange rate is 125
What is the Spot exchange rate?
The correct one is 126.7455
But when I do it according to formula it comes out 126.612
Looking for an explaination on this
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