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Question 20 (1 point) In London, interest paid on pounds sterling is 13%. If the spot rate is $1.99/ and the one-year forward rate is

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Question 20 (1 point) In London, interest paid on pounds sterling is 13%. If the spot rate is $1.99/ and the one-year forward rate is $1.85/, what is the covered yield % on pounds? (Enter your answer as a whole number with no symbols. For example, if you compute 1.2345%, enter "1.2345") Your

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