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Please explain with details and formula: If annualized interest rates in the U.S. and France are 9% and 13%, respectively, and the spot value of
Please explain with details and formula: If annualized interest rates in the U.S. and France are 9% and 13%, respectively, and the spot value of the franc is $.1109, then at what 180 day forward rate will interest rate parity hold?
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