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On 1st January,2021 the spot rate is $1.65 /1 and the UK and US interest rates are 6% and 8% per annum respectively. What

On 1st January,2021 the spot rate is $1.65 /1 and the UK and US interest rates are 6% and 8% per annum respectively. What would be the one year forward rate ? Verify the result with the help of a suitable examples.

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