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Suppose that the current US dollar to Australia dollar exchange rate is 0.56. The US risk free rate is 2% and the Australia risk free

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Suppose that the current US dollar to Australia dollar exchange rate is 0.56. The US risk free rate is 2% and the Australia risk free rate is 10%. Determine the forward exchange rate with the maturity of 12 month. higher than 0.53 but less than 0.55 higher than 0.48 but less than 0.51 less than 0.48 higher than 0.51 but less than 0.53 higher than 0.55

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