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Business, 11.03.2020 22:54 LaughterLies

Assume the current U. S. dollarminusBritish spot rate is 0.6993pound/$. If the current nominal oneminusyear interest rate in the U. S. is 5% and the comparable rate in Britain is 6%, what is the approximate forward exchange rate for 360 days?

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Assume the current U. S. dollarminusBritish spot rate is 0.6993pound/$. If the current nominal onemi...
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