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Today's spot price of the EUR is 1.35 USD/EUR, the 90-day interest rate on a Euro government bond is 4%, and the 90-day interest rate

Today's spot price of the EUR is 1.35 USD/EUR, the 90-day interest rate on a Euro government bond is 4%, and the 90-day interest rate on a US government bond is 6%. Given this, the market's expectation today for the value of the USD/EUR spot rate in 90 days is approximately (hint: what is the implied value of the forward rate)

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