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Suppose that the one-year interest rate is 5.13% in the United States and 6.35% in Germany. The spot exchange rate is $1.1897/1.00. What should the

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Suppose that the one-year interest rate is 5.13% in the United States and 6.35% in Germany. The spot exchange rate is $1.1897/1.00. What should the one-year forward rate be to preclude arbitrage profits? $1.2652/1.00 $1.3816/1.00 $1.5543/1.00 $1.1761/1.00 $1.2035/1.00 $1.2507/1.00

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