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Suppose that the one-year interest rate is 3.50% in the United States and 4.04% in Germany. The one-year forward exchange rate is $1.4566/ 1.00. What

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Suppose that the one-year interest rate is 3.50% in the United States and 4.04% in Germany. The one-year forward exchange rate is $1.4566/ 1.00. What should the spot exchange rate be to preclude arbitrage profits? $1.4490/1.00 $1.5076/1.00 $1.5154/1.00 $1.7382/1.00 $1.2549/1.00 $1.4642/1.00

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