Main Question Set 9 Review Later A New Zealand based company is looking to enter into an FX forward contract te hedge its exposure to an USD 80 million contract, which will be paid in two years' time. The current NZD/USD spot rate is 0.5701. The simple interest rate for NZD deposit is 1.0%, and the interest rate for USD deposit is 1.50%. Calculate the NZD/USD forward rate. Hint: Use the forward rate formula. 0.5673 0.5779 0.5646 0.5757 Main Question Set 10 Review Later Given the following bid offer spot rates and forward points, quote the forward rates USDJPY Spot: 110.97-110.93 Forward Points: 13-10 111.00-111.03 110.74-110.83 110.77.110.80 110.07.111.06