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

Problem 21.23 * Your answer is incorrect. Try again. The foreign

Problem 21.23 * Your answer is incorrect. Try again. The foreign exchange department at Tokyo's Daiwa Bank quoted the spot rate on the euro at 0.007270/\. The 90-day forward rate is quoted at a premium of 5.40 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.) X Forward rate .007260 Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT

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