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12 Month USD LIBOR - 2.34613 With the current 12-month USD LIBOR for i US and the rates found for your currencies, estimate the spot

12 Month USD LIBOR - 2.34613

With the current 12-month USD LIBOR for iUS and the rates found for your currencies, estimate the spot rate in one year using the International Fisher Effect equation below:

S2 = S11+ iUS-iForeign1+ iForeignimage text in transcribed

1. Foreign Currency 12-Month LIBOR:

United Kingdom 0.97513

Spot Rate in 12-Months Based on USD LIBOR and Foreign Interest Rate Show initial equation and its terms and not just the final answer for full credit.

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2. Foreign Currency 12-Month LIBOR:

Tanzania 5.08%

Spot Rate in 12-Months Based on USD LIBOR and Foreign Interest Rate Show initial equation and its terms and not just the final answer for full credit.

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