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please answer all questions. 1- The current spot exchange rate is $1.20/ and the three-month forward rate is $1.18/. Based on your research, you expect

please answer all questions. 1- The current spot exchange rate is $1.20/£ and the three-month forward rate is $1.18/£. Based on your research, you expect the exchange rate to be $1.19/£ in three mo...

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