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lons 29 of 38 Suppose the Chinese Yuan is currently trading for $0.16 USD. Further suppose that the risk-free yield on Government of China debt

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lons 29 of 38 Suppose the Chinese Yuan is currently trading for $0.16 USD. Further suppose that the risk-free yield on Government of China debt is 2% per annum while the same risk- level US Government debt yields 1% per annum. Knowing this then the one year forward exchange rate for the Yuan to USD would be: O A. $0.162 USD per Yuan O B. $0.16 USD per Yuan O C. $0.16158 USD per Yuan O D. $0.15843 USD per Yuan Unsure

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