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Suppose the interest rate in the eurozone is 2% and the interest rate in the U.S. is 5%.Thespot $/is 1.1216. What is thesix-month forward $/,

Suppose the interest rate in the eurozone is 2% and the interest rate in the U.S. is 5%.Thespot $/is 1.1216. What is thesix-month forward $/, and why does this result hold?

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