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maturties. The current spot rate on the British pound is $ 1 . 5 8 1 8 = 1 . 0 0 , and the

maturties. The current spot rate on the British pound is $1.5818=1.00, and the 180-day forward rate is $1.5558=100. The initial investment is 1,175,000.00
The investment proceeds from the initial investment is 1,175,000.00
(Round to two decimal places.)
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