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Spot rate (AUD/USD) = 0.6750 Australian six-month interest rate = 4.0 percent p...
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Spot rate (AUD/USD) = 0.6750Australian six-month interest rate = 4.0 percent per annumUS six-month interest rate = 5.0 percent per annumTime to maturity = 0.5 yearsWhich of the following forward rates is closest to the value implied by covered interest-rate parity?
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