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Mrs. BX has $180 dollars to invest for six months. The interest rate in Boston is 5% and in London is 2.5%. The current spot
Mrs. BX has $180 dollars to invest for six months. The interest rate in Boston is 5% and in London is 2.5%. The current spot rate is $ 1.8015: 1. Given that the dollar is expected to sell at a forward premium of 20 cents. Advice Mrs. BX on the best home to invest. (8 marks)
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