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Given the following information, use the forward margin formula to determine the forward margin. AUD/USD spot rate 0.9000 AUD 90 day interest rate 4.00%

Given the following information, use the forward margin formula to determine the forward margin.

AUD/USD spot rate 0.9000

AUD 90 day interest rate 4.00%

USD 90 day interest rate 1.00%

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