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Suppose the foreign exchange rate is 0.70 and the six-month U.S. and foreign risk-free rates are 5% and 7% (expressed with continuous compounding). What is

Suppose the foreign exchange rate is 0.70 and the six-month U.S. and foreign risk-free rates are 5% and 7% (expressed with continuous compounding). What is the six-month forward rate? Round your answer to 4 decimal places.

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