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Suppose the spot Euro/US Dollar exchange rate is trading at EUR/USD 1.0520/50, the 9 month euro interest rate is trading at 3.10/20% and the 9
Suppose the spot Euro/US Dollar exchange rate is trading at EUR/USD 1.0520/50, the 9 month euro interest rate is trading at 3.10/20% and the 9 month US Dollar interest rate is trading at 2.25/35%. Calculate the 9 month forward EUR/USD bid and offer exchange rates.
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