Consider the followingnbspstates 004yearnbsprisk-free rate


Consider the following:
Risk-free rate in the United States ......0.04/year
Risk-free rate in Australia .......0.03/year
Spot exchange rate ...................................1.67 A$/$
What should be the proper futures price for a 1-year contract?

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Finance Basics: Consider the followingnbspstates 004yearnbsprisk-free rate
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