In the spring of 1999, the U S Dollar Deutschemark (DM) exchange rate was $0 5405 per DM The U S and German interest rates (annualized, continuously compounded) were r 6 and 7 5 , respectively What was the (no arbitrage) forward price of DM for a 3 month forward contract Please round the number so...

To calculate the forward price of DM for a 3month forward contract ...

In the spring of 1999, the U.S. Dollar-Deutschemark (DM) exchange rate was $0.5405 per DM. The...

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Multinational financial management

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In the spring of 1999, the U.S. Dollar-Deutschemark (DM) exchange rate was $0.5405 per DM. The...

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Multinational financial management

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