3. The FX forward rate is determined solely by the markets expected change in the FX rate...

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3. “The FX forward rate is determined solely by the market’s expected change in the FX rate in the future.” Explain whether you agree or disagree with this statement.

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Foundations Of Global Financial Markets And Institutions

ISBN: 9780262039543

5th Edition

Authors: Frank J. Fabozzi, Frank J. Jones, Francesco A. Fabozzi, Steven V. Mann

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