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If the interest rate in the United Kingdom is 5 percent, the interest rate in the United States is 6 percent, the spot exchange rate

If the interest rate in the United Kingdom is 5 percent, the interest rate in the United States is 6 percent, the spot exchange rate is $1.6921/1, 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 BP

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