Question: Find the bid (not ask) 1-year FORWARD direct rate between the U.S. dollar and the euro expressed as $1.XXXXX/Euro that makes a retail customer indifferent

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