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Next Page Page 7 of 20 Question 7 (1 point) Assume: (1) the Singapore annual interest rate=4%; (2) the New Zealand annual interest rate 2.5%

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Next Page Page 7 of 20 Question 7 (1 point) Assume: (1) the Singapore annual interest rate=4%; (2) the New Zealand annual interest rate 2.5% ; and (3) the 180-day forward rate for the New Zealand dollar - S$1.2812. At what current spot rate will interest rate parity hold? - OA) None of them OB) NZ$ 1.2907/S$ OC) NZ$ 0.7863/S$ OD) NZ$ 1.2718/S$ E) NZ$ 0.7748/S$ Dane 70

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