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QUESTION 6 Assume that the Uncovered Interest Parity Condition holds. Calculate by how much the AUD should change over the next year if the interest

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QUESTION 6 Assume that the Uncovered Interest Parity Condition holds. Calculate by how much the AUD should change over the next year if the interest rate in the US is 1% and in Australia 3%. Indicate appreciation with + and depreciation with--"in front of your numeric answer. Write percentage as 0.01 instead of 196. QUESTION 7 Calculate the 90-day AUD/USD forward rate, for the case that the current spot rate is AUD/USD 0.9425 and the interest rate in the US is 4% and in Australia 2% QUESTION 8 calculate the 90-day AUDUSD forward rate, for the case that the current spot rate is AUDUSD 09425 and the interest rate in the US is 2% and in A Stralia 29 Hint: If you understood the idea of the covered interest rate parity condition, you should be able to solve this without a calculator. If not... please check the interest rate parity topics again

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