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The exchange rate for the Indian Rupee relative to the US Dollar is 74.57 (Indian...

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Finance

The exchange rate for the Indian Rupee relative to the US Dollar is 74.57 (Indian Rupee per a US Dollar). Assume the Indian annually compounded risk-free rate is 6.12%, while the US rate is 1.5%. What is the forward rate in Indian Rupee for a 6-month contract if you trade in India?

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