Assume that you borrow USD 1.000.000 for six months, and you lend EUR 1.500.000an initially equivalent amountfor
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Question:
Assume that you borrow USD 1.000.000 for six months, and you lend EUR 1.500.000an initially equivalent amountfor six months, at per annual rates of 6% and 8%, respectively, with a right of offset. What is the equivalent spot and forward exchange rate?
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