Question: Problem 7. Today one US dollar is equivalent to 0.9155 European euros. The continuously compounded US interest rate is 0.052 and the continuously compounded euro

Problem 7. Today one US dollar is equivalent to 0.9155 European

Problem 7. Today one US dollar is equivalent to 0.9155 European euros. The continuously compounded US interest rate is 0.052 and the continuously compounded euro interest rate is 0.042 . You want to enter a forward contract to purchase 500,000 euros in exactly 9 months. What is the forward price

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