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As a currency trader, you see the following quotes on your computer screen: ( Questions 3 6 . 3 7 , 3 8 and 3

As a currency trader, you see the following quotes on your computer screen: (Questions 36.37,38 and 39) Exch. Rate Spot 1-month 2-month 3-month 6-month USD/EUR 1.0435/4520/2552/6275/9097/115 JPY/USD 98.75/8512/1020/1625/1945/35 USD/GBP 1.6623/3330/3562/7595/110120/130 Which currency is more likely to have the highest interest rates (neglect the spread: assume that the magnitude of the price paid to cross the spread is very small)? The Cure

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