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Based on the IRP equation, use the following duration of forward rates to forecast the change of interest rate between GBP and the U.S. You

Based on the IRP equation, use the following duration of forward rates to forecast the change of interest rate between GBP and the U.S. You do not need to forecast the expected interest rate in numbers, but you are required to point out the direction and movement of the interest rates. a.3-month b.6-month c.9-month d.12-month e.2-year You may enhance your justifications based on the countrys gross domestic product (GDP). For example, you expect the interest rate of country A increases because of its GDP growth as you found in the news or other sources of info

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