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Suppose that the annual the interest rate on a euro account in Europe is 2%, and the interest rate on a krona account in Sweden

Suppose that the annual the interest rate on a euro account in Europe is 2%, and the interest rate on a krona account in Sweden is 4%. The current spot rate is at 10.5 krona per euro. Consider the Covered Interest Parity (CIP). If the CIP holds, what would be the forward rate between krona and euro? Round your answer to three decimals.

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