Question: Problem 18 Intro The current exchange rate between the dollar and yuan is $0.18 per yuan. The nominal annual risk-free rate is 1.2% in the
Problem 18 Intro The current exchange rate between the dollar and yuan is $0.18 per yuan. The nominal annual risk-free rate is 1.2% in the U.S. and 2.5% in China. Part 1 - Attempt 1/6 for 10 pts. What should be the one-year forward rate according to interest rate parity (in dollars per yuan)? B+ decimals Submit
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