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You are given the following: Comparable interest rate in Kuwait 5% Comparable interest rate in US 3.5% Spot rate for the KD $3.5 You need

You are given the following: Comparable interest rate in Kuwait 5% Comparable interest rate in US 3.5% Spot rate for the KD $3.5 You need to calculate the 30-day forward exchange rate on US (Kuwait is the local country; use up to 4-digit numbers)

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