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Assuming that the bond sells at par, a U.S. dollar dual currency bond that pays 642.5 at maturity per $1,000 of par value. The implicit
Assuming that the bond sells at par, a U.S. dollar dual currency bond that pays 642.5 at maturity per $1,000 of par value. The implicit $/ exchange rate at maturity of a British pound is (keep two decimals, e.g., 1.23).
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