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to see a odio Suppose that the one-year interest rate is 5.0 percent in the United States and 3.5 percent in Germany, and the one-year

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to see a odio Suppose that the one-year interest rate is 5.0 percent in the United States and 3.5 percent in Germany, and the one-year forward exchange rate is $1.16/. What must the spot exchange rate be? Please round your answer to 4 decimal places. $ /C

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