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Assume that interest rate parity holds. U.S. interest rate is 13% and British interest rate is 10%. The forward rate on $ exhibits a ____

Assume that interest rate parity holds. U.S. interest rate is 13% and British interest rate is 10%. The forward rate on $ exhibits a ____ of ____ percent Answer 2.65% premium 2.73% premium 2.65% discount 2.73% discount

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