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Show all work to receive credit (type out it provided space) Suppose US interest rates are 2%, British interest rates are 5% and the current
Show all work to receive credit (type out it provided space) Suppose US interest rates are 2%, British interest rates are 5% and the current spot rate is 1 pound = $1.3 a. What is the "no arbitrage" IRP one-year forward rate in $ per pound
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