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please answer no it doesnt please solve my question. you have wasted one of my twenty questions. Use the following information assuming that you are

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no it doesnt please solve my question.
you have wasted one of my twenty questions.
Use the following information assuming that you are a US investor. Today's forward exchange rate: 1 euro - $1.28. US interest rate is 5%. EU interest rate is 12%. a) If the IRP (Interest rate parity) holds, what should the spot exchange rate be today? b) Assuming that today, you invest $500 in the EU market for one year and at the same time, enter a currency forward contract to sell euro in a year. If today's spot exchange rate is: 1 euro=$1.32, show how much profits or losses you make next year

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