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Bank expects the pound to appreciate from $1.75 to $1.81 in the next 90 days (assume 360 day year for simplicity). Use $1,000,000 as base

Bank expects the pound to appreciate from $1.75 to $1.81 in the next 90 days (assume 360 day year for simplicity). Use $1,000,000 as base to borrow and lend to make speculative profits

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