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If interest rate parity holds and the 90 day risk free security yield is 5% in the U.S. and 5.3% in Germany, and the $/DM
If interest rate parity holds and the 90 day risk free security yield is 5% in the U.S. and 5.3% in Germany, and the $/DM is 0.6300, whats the 90 day forward?
A.
0.5843
B.
0.5900
C.
0.5943
D.
0.6050
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