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QUESTION 8 Interest rates for 6 months in the US are 3% and interest rates for 6 months in UK are 6 %. The sport

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QUESTION 8 Interest rates for 6 months in the US are 3% and interest rates for 6 months in UK are 6 %. The sport rate of the British pound is 51.21. What is the expected percentage change in the British pound according to the International Fisher Effect? Ef - ((1+Rhy/C+Rf)-1 - Rh RA A-1.5% B. 1.5% -2.8% D. +2.8%

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