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The risk-free rate in the Denmark is 0,75% per annum. The risk-free rate in USA is DKK 90- 2.25% per annum. spot rate is

The risk-free rate in the Denmark is 0,75% per annum. The risk-free rate in USA is DKK 90- 2.25% per annum. spot rate is 6.5425. Calculate the justified price of a USD day forward contract using 30/360 convention. DKK USD

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