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Intro The current exchange rate between the dollar and yuan is $0.19 per yuan. The nominal annual risk-free rate is 1% in the U.S. and
Intro The current exchange rate between the dollar and yuan is $0.19 per yuan. The nominal annual risk-free rate is 1% in the U.S. and 2.6% in China. Part 1 Attempt 1/10 for 10 pts. What should be the one-year forward rate according to interest rate parity (in dollars per yuan)? 3+ decimals Submit
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