The current USD euro exchange rate is 1 4000 dollar per euro The six month forward exchange rate is 1 3950 The six month USD interest rate is 1 per annum continuously compounded Estimate the six month euro interest rate ...

The current USD/euro exchange rate is 1.4000 dollar per euro. The six month forward exchange rate is

Question:

The current USD/euro is 1.4000 dollar per euro. The six month forward is 1.3950. The six month USD interest rate is 1% per annum continuously compounded. Estimate the six month euro interest rate.
Exchange Rate
The value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars...