The spot rate on the Danish Krone is 0.1467 $/DKK? Five year interest rates in the US are 3.68% annually and five year interest rates in Denmark are 2.52% annually? What rate would you quote for a five-year forward krone contract (report 4 decimal places and do not include any symbols for units)?

Answer rating: 100% (QA)

To calculate the forward rate we need to determine the ... View the full answer