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The Jan 1 current spot rate for USD-ZAR exchange rate is ZAR 14 = 1 USD. The USD annual interest rate is 1%. The ZAR

The Jan 1 current spot rate for USD-ZAR exchange rate is ZAR 14 = 1 USD. The USD annual interest rate is 1%. The ZAR annual interest rate is 5%. What does Interest Rate Parity predict that the 1-year forward USD-ZAR rate will be

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