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The spot rate between the US. dollar and the New Zealand dolfar is $1= NZD1.6607. If the interest rate in the United States is 6

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The spot rate between the US. dollar and the New Zealand dolfar is $1= NZD1.6607. If the interest rate in the United States is 6 percent and in New Zealand is 4 percent, then what should be the three-month forward exchange rate? Multiple Chaice 505368perNZD $06051 per N20 507614 per N2D

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