Suppose the interest on Russian govemment bonds is 7.8%, and the current exchange rate is 27.1 rubles per dollar if the forward exchange rate is 276 rubles per dollar, and the current US risk-free interest rate is 4.1%, what is the implied credit spread for Russian government bonds? The implied credit spread for Russian government bonds is % (Round to two decimal places)

ENGR.ECONOMIC ANALYSIS
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Suppose the interest on Russian government bonds is 7.8%, and the current exchange rate is 27.1 rubles per dollar. If the forward exchange rate is 27 6 rubles
per dollar, and the current U.S. risk-free interest rate is 4.1%, what is the implied credit spread for Russian government bonds?
The implied credit spread for Russian government bonds is %. (Round to two decimal places)
Transcribed Image Text:Suppose the interest on Russian government bonds is 7.8%, and the current exchange rate is 27.1 rubles per dollar. If the forward exchange rate is 27 6 rubles per dollar, and the current U.S. risk-free interest rate is 4.1%, what is the implied credit spread for Russian government bonds? The implied credit spread for Russian government bonds is %. (Round to two decimal places)
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