Question: Question 2 (4 points) The direct quotation for EUR is 1.15 USD. The annual forward premium is 7%. What is the 180-day forward rate on

 Question 2 (4 points) The direct quotation for EUR is 1.15

Question 2 (4 points) The direct quotation for EUR is 1.15 USD. The annual forward premium is 7%. What is the 180-day forward rate on a contract to purchase USD with EUR? Please write your answer with three decimal places. Your

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