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The exchange rate of the dollar against the ruble in the spot market is equal to 1 dollar = 60 rubles. The risk-free rate for

The exchange rate of the dollar against the ruble in the spot market is equal to 1 dollar = 60 rubles. The risk-free rate for the dollar is 6% per annum, for the ruble - 15% per annum. Determine the three-month forward rate dollar to the ruble.

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