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You are looking at the spot and forward exchange rates. Currently 1 Australian Dollar (AUD) = 0.7000 United States Dollars (USD) The one-year forward rate

You are looking at the spot and forward exchange rates. Currently 1 Australian Dollar (AUD) = 0.7000 United States Dollars (USD) The one-year forward rate is 1 AUD = 0.6801 USD. You know that th...

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