Question: The current USD / euro exchange rate is 1 . 4 0 0 0 dollar per euro. The six month forward exchange rate is 1

The current USD/euro exchange rate is 1.4000 dollar per euro. The six month forward exchange rate is 1.4050. The six month USD interest rate is 2.4% per annum continuously compounded. Estimate the six month euro interest rate. (Please round your answer to four decimal places)

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