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Suppose five year deposit rates on Eurodollars and Swedish kronas are 12% and 8%, respectively. If the current spot rate for the krona is $0.35,
Suppose five year deposit rates on Eurodollars and Swedish kronas are 12% and 8%, respectively. If the current spot rate for the krona is $0.35, then the spot rate for the krona five years from now implied by these interest rates is
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