Question: Please find the 360-day forward exchange rate in per S that satisfies IRP (20%) Exchange Rate S(SE) $1.60-1.00 F(S) $1.58-1.00 Interest Rate APR 62%
Please find the 360-day forward exchange rate in per S that satisfies IRP (20%) Exchange Rate S(SE) $1.60-1.00 F(S) $1.58-1.00 Interest Rate APR 62% 44% Note: all these numbers are market rate reported by WSJ (here is used for interest rate, but in class we user for interest rate and i for inflation). I
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