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Suppose that the current spot exchange rate is ?0.80/$ and the three-month forward exchange rate is ?0.7813/$. The three-month interest rate is 5.60 percent per

Suppose that the current spot exchange rate is â?¬0.80/$ and the three-month forward exchange rate is â?¬0.7813/$. The three-month interest rate is 5.60 percent per annum in the United States and 5.40...

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