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) Find the maximum possible U.K interest rate if the spot bid-ask $/ exchange rate is quoted at 1.67-1.68$/; 9 months forward bid-ask exchange rate
) Find the maximum possible U.K interest rate if the spot bid-ask $/ exchange rate is quoted at 1.67-1.68$/; 9 months forward bid-ask exchange rate is quoted at 1.62-1.63, you can borrow dollars at 3% and you can invest dollars at 2%
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