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Calculation of the forward exchange rate
Exercise
Calculate the EURUSD forward price (and swap points) for a purchase of $10,000 over a 6-month period, with Euribor 6m -0.18%, Libor USD 6m 1.44% and the spot 1.1801 EURUSD.
Determine how your current retirement strategy will provide for retirement income? How much monthly income is your current strategy estimated to provide?
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