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Suppose that the yield on Australian government bonds maturing in one year is 2.75%, while U.S. 1- year Treasury yields are 0.125%. If the current
Suppose that the yield on Australian government bonds maturing in one year is 2.75%, while U.S. 1- year Treasury yields are 0.125%. If the current exchange rate is 1.42 Australian Dollars/US Dollar, use the NIRP equation to forecast the exchange rate in one year's time
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