Find the implied forward exchange rate, International Economics

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Find the implied forward exchange rate

Problem

In the example of international inflation and CIA, suppose the ringgit interest rate is 4% and the spot exchange rate is $/ringgit = 0.30. Find the implied forward exchange rate; Which currency is selling at a discount?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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International Economics: Find the implied forward exchange rate

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International Economics: Find the implied forward exchange rate

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