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suppose that the annual return on US T bills is 5.5% while the return on comparable british assets is 7.5%. The current GBP/USD exchange rate
suppose that the annual return on US T bills is 5.5% while the return on comparable british assets is 7.5%. The current GBP/USD exchange rate is 1.8835 dollars/pounds.One year forward contracts are currently trading at 1.8370. how would you use this information to make risk free profits
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