Assume the interest rate in america is 4 percent and in new, Financial Management

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Assume the interest rate in america is 4 percent and in new

The spot rate betwee the U.S. dollar and the New Zealand dollar is $1= NZD1.3352. Assume the interest rate in America is 4 percent and in New Zealand is 2 percent. What should be the 6-month forward exchange rate.

Round your answer to 4 decimal places.

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Financial Management: Assume the interest rate in america is 4 percent and in new

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