The wall street journal on october 12 2000 listed the, Financial Management

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The wall street journal on october 12 2000 listed the

The Wall Street Journal, on October 12, 2000, listed the following information on the exchange rates between the dollar and the German mark:

X₀ = 2.2500 DM/$
E₀ = $0.4444/DM
X_F(90 days) = 2.2399 DM/$
E_F(90 days) = $0.4464/DM

The U.S. prime rate on that day was 9.5 percent. What is the implied German interest rate?

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Financial Management: The wall street journal on october 12 2000 listed the

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Financial Management: The wall street journal on october 12 2000 listed the

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