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Assume the spot rate on the pound is .5920 and the 6-month forward rate is .5929. Also assume interest rate parity holds and the current

Assume the spot rate on the pound is .5920 and the 6-month forward rate is .5929. Also assume interest rate parity holds and the current six-month risk-free rate in the United States is 3.1 percent. What must the six-month risk-free rate be in Great Britain? 2.94 percent 3.10 percent 3.25 percent 3.52 percent 2.87 percent

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