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Suppose the spot and six-month forward rates on the Norwegian krone are Kr 8.39 and the annual risk-free rate in Norway is 5.7 percent. b.

Suppose the spot and six-month forward rates on the Norwegian krone are Kr 8.39 and the annual risk-free rate in Norway is 5.7 percent. b. The six-month forward rate on the Norwegian krone would have to be Kr / to (Do not round intermediate calculations and round your answer to 4 decimal places,e.g 32.1616.) prevent arbitrage

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