Question: 5 Find the bid ( not ask ) 1 - year FORWARD direct rate between the U . S . dollar and the euro expressed

5 Find the bid (not ask)1-year FORWARD direct rate between the U.S. dollar and the
euro expressed as that makes a retail customer indifferent between using
a money market hedge and a forward market hedge.
Please use 4 decimal places in your answer.
5 Find the bid (not ask)1-year FORWARD direct rate between the

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