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As a foreign exchange trader for JPMorgan chase you have just called a trader at UBS to get quotes for the British pound for the

As a foreign exchange trader for JPMorgan chase you have just called a trader at UBS to get quotes for the British pound for the spot 20-day 60 day and 90-day forward rates. Your UBS counterpart stated we trade sterling at 1.7745-50,47/44,88/81,125/115 what cash flows would you pay and receive if you do a forward foreign exchange swap in which you swap into 5000000 pounds at the 30-day rate and out 50000000 at the 90 day rate what must be the relationship between dollar interest rates and pound sterling interest rates.

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