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Question 3 1 points #spot exchange rate a S/pound 5. US interest rate is 10%, UK interest rate is 7%, inflation in US is 7%,

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Question 3 1 points #spot exchange rate a S/pound 5. US interest rate is 10%, UK interest rate is 7%, inflation in US is 7%, inflation in UK is 4 then the forward rate is (find exact answer up to three decimals $/pound 4.864 /pound 5.144 5/pound 4,860 S/pound 5.140

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