Suppose the spot price of the euro is currently 147 and the
Suppose the spot price of the euro is currently $1.47 and the 1-year forward price is $1.56. Is the 1-year interest rate higher in the U.S. or in the euro zone? (HINT: remember that Sf/d = 1/Sd/f and Ff/d = 1/Fd/f )
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suppose the spot price of the euro is currently 147 and the 1-year forward price is 156 is the 1-year interest rate
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