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If the spot rate for AUD/USD is 0.99 and the annual interest rate is 4% in Australia and 6% in the USA what is the
If the spot rate for AUD/USD is 0.99 and the annual interest rate is 4% in Australia and 6% in the USA what is the fair price to pay for a 4-month (120 day) AUD/USD Forward contract purchased today?'
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