1.    Assume that the forward rate of a 3-month EUR|USD foreign exchange contract is 1.1615 USD per EUR. What will the spot USD per EUR exchange rate be, while EUR LIBOR is 5% and USD LIBOR is 3%?
  A.    1.1569.
  B.    1.1639.
  C.    1.1673
  D.    1.1766
  Answer: C