Calculate the four year forward exchange rate give your, Financial Management

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Calculate the four year forward exchange rate give your

Australian 4 year interest rates are currently 9.75% pa continuously compounded, while in the USA they are 7.74% pa continuously compounded. Also 1.5600 Australian dollars (AUD) currently buys one US dollar (USD). Calculate the 4 year forward exchange rate. Give your answer to 3 decimal places.

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