Multiple Choice
An exchange rate is 0.7000 and the six-month domestic and foreign risk-free interest rates are 5% and 7% (both expressed with continuous compounding) .What is the six-month forward rate?
A) 0.7070
B) 0.7177
C) 0.7249
D) 0.6930
Correct Answer:
Verified
Correct Answer:
Verified
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