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I would like the formula included when answering cel Simulations Saved AI D B E F G . H 1 2 3 The spot rate

I would like the formula included when answering
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cel Simulations Saved AI D B E F G . H 1 2 3 The spot rate between the US dollar and the New Zealand dollar is $1 = NZD1 3364 Assume the interest rate in the United States is 4 percent and in New Zealand is 2 percent. What should be the 6-month forward exchange rate? (Do not round intermediate calculations Round your answer to 4 decimal places.) 5 6 7 1.3364 4.00% 2.00% US$/NZD spot rate U.S. interest rate New Zealand interest rate 8 9 10 11 12 13 Complete the following analysis. Do not hard code values in your calculations, and do not round intermediate calculations. 14 15 16 17 Calculated 6-month forward exchange rate of . HH! Next

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