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Question 36 Given the information 696 Interest rate in US (RS) Interest in UK (RO The current state for CRP SRL Elvear forvard rate for

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Question 36 Given the information 696 Interest rate in US (RS) Interest in UK (RO The current state for CRP SRL Elvear forvard rate for GBP FRX SI SO SI 52 Trading based on covered interest arbitrage will cause Downward pressure on the GBP'S SR Downward pressure on RI Upward pressure on the Downward pressure on the GOP'S FR

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