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Exchange rate is currently $1.85 US per 1 British pound.Interest rate is 3% in the US and 4% in the UK. A bank is long

Exchange rate is currently $1.85 US per 1 British pound.Interest rate is 3% in the US and 4% in the UK. A bank is long afutures contract on 1,000,000 pounds with F= $1.8 million in oneyear.Write t 2 answers

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