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Assume the spot rate for USD per EUR is ...

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题目

Assume the spot rate for USD per EUR is 1.05 (i.e., 1 Euro buys 1.05 dollars). A US bank pays 5.5% compounded annually for one year for a dollar deposit and a German bank pays 2.5% compounded annually for one year for a Euro deposit. What is the forward exchange rate for one year from now?

选项

A.1.0815

B.1.0201

C.1.0807

D.1.05

答案

C

解析

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