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Given the information: Interest rate in US (Rh): Interest rate in UK (Rf): The current spot rate for GBP (SR): 4% 2% $1.50 According to
Given the information: Interest rate in US (Rh): Interest rate in UK (Rf): The current spot rate for GBP (SR): 4% 2% $1.50 According to International Fisher Effect (IFE), the spot rate for GBP should change by: 0.9808% 1.9608% 1.0196%
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Handbook Of The Fundamentals Of Financial Decision Making
Authors: Leonard C MacLean, William T Ziemba
1st Edition
9814417343, 978-9814417341
