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An investor has $10,000 to invest; the current spot rate of British pounds is $1.800.The three month forward rate of the pound is $1.780.The annual
An investor has $10,000 to invest; the current spot rate of British pounds is $1.800.The three month forward rate of the pound is $1.780.The annual interest rate in the US is 4%; the annual interest rate in the UK is 6%.
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Global Investments
Authors: Bruno Solnik, Dennis McLeavey
6th edition
321527704, 978-0321527707
