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Assume that the 60-day forward rate is USD 1.23/GBP. The current spot rate rate is USD 1.16/GBP : If the spot rate is USD 1.25/GBP

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Assume that the 60-day forward rate is USD 1.23/GBP. The current spot rate rate is USD 1.16/GBP : If the spot rate is USD 1.25/GBP in 60 days, the forward market return is 2 points Notes: Do not label your answer. Round intermediste sieps to four decimal places. You should enter your answer in decimal form (i.e. use 0.05 not 5 Ku. Type your

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