11. The current exchange rate between the United States and Britain is per pound. The six-month forward

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11. The current exchange rate between the United States and Britain is per pound. The six-month forward rate between the British pound and the U.S. dollar is per pound. What is the percentage difference between current six-month U.S. and British interest rates?

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Financial Markets And Institutions

ISBN: 9780134519265

9th Edition

Authors: Frederic S. Mishkin, Stanley G. Eakins

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