Question: Question 1 (10 points) Listen The current USD/EUR exchange rate is 1.4100 dollar per EUR. The 12 month forward exchange rate is 1.3900. The 12-month

 Question 1 (10 points) Listen The current USD/EUR exchange rate is

Question 1 (10 points) Listen The current USD/EUR exchange rate is 1.4100 dollar per EUR. The 12 month forward exchange rate is 1.3900. The 12-month USD interest rate is 6.50% per annum continuously compounded. Estimate the 12-month EUR interest rate. Answer with 4 digit decimal accuracy. Example: 10.6567

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