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Suppose that the one-year interest rate is 5.0 percent in theUnited States and 3.5 percent in Germany, and that the spotexchange rate is $1.12/? and
Suppose that the one-year interest rate is 5.0 percent in theUnited States and 3.5 percent in Germany, and that the spotexchange rate is $1.12/â?¬ and the one-year forward exchange rate is$1.16/â?¬ 2 answers
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
12th edition
978-0324597714, 324597711, 324597703, 978-8131518571, 8131518574, 978-0324597707
