Suppose you observe a spot exchange rate of 150euro if
Suppose you observe a spot exchange rate of $1.50/€. If interest rates are 5% APR in the U.S. and 3% APR in the euro zone, what is the no-arbitrage 1-year forward rate?
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suppose you observe a spot exchange rate of 150euro if interest rates are 5 apr in the us and 3 apr in the euro zone
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