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I need answer for this question it's urgent please. 20 points Suppose the U.S. interest rate for the next year is 1.5 percent. The foreign
I need answer for this question it's urgent please.
20 points Suppose the U.S. interest rate for the next year is 1.5 percent. The foreign interest rate is 2 percent. The spot price of the foreign currency in dollars is $1.665. Determine the correct forward price. 1.6568 1.6115 1.6006 1.6889Step by Step Solution
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Intermediate Financial Management
Authors: Brigham, Daves
10th Edition
978-1439051764, 1111783659, 9780324594690, 1439051763, 9781111783655, 324594690, 978-1111021573
