Question: Problem 21.23 Incorrect answer. Your answer is incorrect. Try again. The foreign exchange department at Tokyos Daiwa Bank quoted the spot rate on the euro

Problem 21.23 Incorrect answer. Your answer is incorrect. Try again. The foreign exchange department at Tokyos Daiwa Bank quoted the spot rate on the euro at 0.007215/. The 90-day forward rate is quoted at a premium of 4.60 percent on the euro. What is the 90-day forward rate? (Round answer to 6 decimal places, e.g. 15.251945. Use 360 days for calculation.) Forward rate Entry field with incorrect answer .007298 / Click if you would like to Show Work for this

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