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Suppose that the U.S. nominal interest rate is 2.2 percentage points lower than that in China (currency: CNY). If the current spot exchange rate is

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Suppose that the U.S. nominal interest rate is 2.2 percentage points lower than that in China (currency: CNY). If the current spot exchange rate is $0.140/CNY, and all of the parity conditions from class hold, what should be the 6-month futures price? Express your answer as the number of dollars to equal 1 CNY to 3 decimal places

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