What should the one year forward rate be

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Question: The current exchange rate is $1/16.52 Chinese Yuan. Currently the 1 year US treasury is paying 3% and the Chinese bond market is paying 79%. What should the one year forward rate be? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131964388

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