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an investor in london has two investment opportunities. he can invest in two year uk government bonds with an annual nominal interest rate of 4
an investor in london has two investment opportunities. he can invest in two year uk government bonds with an annual nominal interest rate of or he can invest in two year us government bonds with an annual nominal interest rate of currently the spot rate is us dollaruk pound and the two years forward exchange rate is us dollaruk pound. determine the expected two years forward exchange rate
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