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If the forward rate is 1 OMR=2.22 EUR, international interest rate is 13 % and local interest rate is 7 %. (Round up your solution
If the forward rate is 1 OMR=2.22 EUR, international interest rate is 13 % and local interest rate is 7 %.
(Round up your solution to two digits.)
Which of the following is the spot rate?
Select one:
a. 2.10
b. 2.03
c. 2.07
d. 2.34
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