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You are the treasurer of company A and you receive the following market prices from you bank : Spot 1 EUR = 1.2220 USD Six

You are the treasurer of company A and you receive the following market prices from you bank :

Spot 1 EUR = 1.2220 USD

Six month swap EUR/USD:

0.0050 / - 0.0040

At what outright price will you sell to your bank USD and buy EUR for delivery in 6 month?

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