Question: Hi please help me answer this question. Thank you ! QUESTION2. On February 4 of a particular year, the spot rate for U.S. dollars ($)

Hi please help me answer this question. Thank you !

QUESTION2. On February 4 of a particular year, the spot rate for U.S. dollars ($) expressed in euros () was $0.7873/. The U.S. was 5.36 percent, whereas the euro interest rate (compounded semiannually) was 3.11 percent. From a European perspective, what should be the forward rate of a contract that expires September 4? (Assume that each month is one-twelfth of a year.) interest rate (compounded semiannually)

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