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Hi, please help me with this question. Thanks! If the interest rate in the United Kingdom is 7 percent, the interest rate in the United
Hi, please help me with this question.
Thanks!
If the interest rate in the United Kingdom is 7 percent, the interest rate in the United States is 10 percent, the spot exchange rate is $1.61/1, and interest rate parity holds, what must be the one-year forward exchange rate? (Do not round intermediate calculations. Round your answer to 4 decimal places. (e.g., 32.1616)) One-year forward exchange rate per BPStep by Step Solution
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