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Suppose you observe a spot exchange rate of $2.00/ Euro If interest rates are 5% APR in the U.S. and 2% APR in the U.K.,

Suppose you observe a spot exchange rate of $2.00/ Euro If interest rates are 5% APR in the U.S. and 2% APR in the U.K., what is the no-arbitrage 1-year forward rate?

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