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Answer only, no need explainSuppose the spot exchange rate between U . S . dollars and the U . K . pound is $ 2
Answer only, no need explainSuppose the spot exchange rate between US dollars and the UK pound is $ while the forward rate is $ Which one of the following is true?
A The value of the UK pound is expected to remain constant.
B The UK pound is selling at a premium.
C The UK pound is selling at a discount.
D The UK pound is expected to appreciate and selling at a discount.
E The US dollar is expected to depreciate.
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