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u Answered Suppose the current exchange rate between the United States and France is $1.21/. The continuously compounded interest rate in the U.S. is

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u Answered Suppose the current exchange rate between the United States and France is $1.21/. The continuously compounded interest rate in the U.S. is 3%, while the continuously compounded euro-denominated interest rate is 4%. What is the price of a 10-month prepaid forward contract on the euro? $1.2201/ $1.2000/ rrect Answer O $1.1703/ $1.1555/ $1.2510/

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