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Consider the following British Pound futures prices (price expressed as US$ per one Pound): Maturity Futures Price 3 months 1.6459 6 months 1.6418 Assume that

Consider the following British Pound futures prices (price expressed as US$ per one Pound):

Maturity Futures Price

3 months 1.6459

6 months 1.6418

Assume that the current US$ risk-free rate is 2% p.a. for all terms. What is the risk-free rate for British Pound?

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