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The current spot rate is Ringett2.5/SF. The expected spot rate in one year is Ringett2.8/SF. The current Swiss interest rate is 8%. What Malaysian interest

The current spot rate is Ringett2.5/SF. The expected spot rate in one year is Ringett2.8/SF. The current Swiss interest rate is 8%. What Malaysian interest rate will cause IFE to hold?

I know the answer is 12.32% but how do i get it?

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