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Business, 09.07.2019 00:40 rebecca7415

If the current exchange rate is $1.75/£, the one-year forward exchange rate is $1.85/£, and the interest rate on british government bills is 8% per year, what risk-free dollar denominated return can be locked in by investing in the british bills?

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If the current exchange rate is $1.75/£, the one-year forward exchange rate is $1.85/£, and the inte...
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