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9)Suppose that the pound dollar spot exchange rate is .7083 and the forward exchange rate is .7230. Assume that the U.K interest rate is 7.09%

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9)Suppose that the pound dollar spot exchange rate is .7083 and the forward exchange rate is .7230. Assume that the U.K interest rate is 7.09% and that the U.S interest rate is 4.35%. In terms of months what forward rate does this represent

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