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T-25:36 Because it is unlikely she will be able to visit you this year, your wealthy American aunt wants to send you a present for

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T-25:36 Because it is unlikely she will be able to visit you this year, your wealthy American aunt wants to send you a present for your birthday. You expect she will give you USD 4374 in 5 months Having taken this course, you know you can lock in the AUD rate for this USD receivable using a money market hedge (annualized) 5-month interest rates in the US are 9.1%, 5-month interest rates in Australia are 2.4%, and the current spot rate is 1.5 AUD/USD, what implied AUD/USD exchange rate can you lock in? Select the closest answer a. 1.5415 b. 1.4597 c. 1.5981 O d. 0.6851 O e. 6742.35 Clear my choice Next page sage Accessibility Site Map egrity Privacy Content & Social Media Disclaimer Copyright Disclaimer

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