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An analyst gathers the following information: USD/AUD spot rate: 0.8027 AUD 1-year interest rate: 3.30% USD 1-year interest rate: 2.42% USD/AUD represents the amount of USD per 1 AUD. The USD/AUD 1-year forward rate is closest to:
A
0.7959.
B
0.8096.
C
0.8292.
