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If the U.S. dollar interest rate is 5 percent and the peso interest rate is 8 percent, what is the likely one-year forward rate if
If the U.S. dollar interest rate is 5 percent and the peso interest rate is 8 percent, what is the likely one-year forward rate if the spot dollar-peso rate is peso 12/$US?
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11.67
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12.96
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12.34
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12.60
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