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If the 12-month interest rates for the United States and the United Kingdom are 6% and equal, and 1 = $2 in the spot market,
If the 12-month interest rates for the United States and the United Kingdom are 6% and equal, and 1 = $2 in the spot market, then what do you expect the 12-month forward rate to be?
Question 10 options:
2.00
2.10
1.90
2.11
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