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will hive thumbs up thanks in advance Consider a 9-month forward contract on the euro. The USD and EUR interest rates are 4.2% and 6%,

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Consider a 9-month forward contract on the euro. The USD and EUR interest rates are 4.2% and 6%, respectively (both interest rates are annual rates). The current spot rate is 1.42($/euro). What is the no-arbitrage 9-month forward rate ($/euro)? (Keep in mind that the time to maturity for the forward contract is 9 months). a) 1.4016 b) 1.5876 c) 1.4456 d) 1.4312

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