Suppose that the interest rate in japan is 5 the interest
Suppose that the interest rate in Japan is 5%, the interest rate in Bhutan is 3%, and the spot exchange rate is 5 units of the Bhutan currency per unit of Japanese. What should the forward rate between these two countries be?
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Suppose that the interest rate in Japan is 5%, the interest rate in Bhutan is 3%, and the spot exchange rate is 5 units of the Bhutan currency per unit of Japanese. What should the forward rate between these two countries be
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