Question: I need answer for this question it's urgent please. 20 points Suppose the U.S. interest rate for the next year is 1.5 percent. The foreign

I need answer for this question it's urgent please. 20 points

I need answer for this question it's urgent please.

20 points Suppose the U.S. interest rate for the next year is 1.5 percent. The foreign interest rate is 2 percent. The spot price of the foreign currency in dollars is $1.665. Determine the correct forward price. 1.6568 1.6115 1.6006 1.6889

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