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Indonesias one year interest rate in May 2014 was 9% (i = .09). The US interest rate was zero (iF = 0). The Indonesian Rupiah-US
Indonesias one year interest rate in May 2014 was 9% (i = .09). The US interest rate was zero (iF = 0). The Indonesian Rupiah-US Dollar exchange rate was Et = 11500. Calculate the one year forward rate.
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