Suppose the spot and six-month forward rates on the South Korean won are #1,304.90 and #1,314.98, respectively. The annual risk-free rate in the United States is 3 percent, and the annual risk-free rate in South Korea is 6 percent. What must the six-month forward rate be to prevent arbitrage? (Do not include the South Korean won sign (#). Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.)

Suppose the spot and six-month forward rates on the South Korean won are #1,304.90 and $1,314.98, respectively. The annual risk-free rate in the United States is 3 percent, and the annual risk-free rate in South Korea is 6 percent. What must the six-month forward rate be to prevent arbitrage? (Do not include the South Korean won sign (4). Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.)