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can you please explain how you got the answer or if my answer is correct and why? thanks Assume the exchange rate is GBP 1.35/USD,
can you please explain how you got the answer or if my answer is correct and why? thanks
Assume the exchange rate is GBP 1.35/USD, the US risk-free rate is 3.0 percent, and the UK risk-free rate is 3.0 percent. What is the implied one-year forward rate? GBP 1.30 USD GBP 1.20 USD GBP 1.25 USD GBP 1.35 USD GBP 1.40 USDStep by Step Solution
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Trading Strategies For Capital Markets
Authors: Joseph Benning
1st Edition
0071726233
