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Suppose the 6-month risk-free rate of return in the United States is 10%. The current exchange rate is 1 pound = US$2.05. The 6-month forward

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Suppose the 6-month risk-free rate of return in the United States is 10%. The current exchange rate is 1 pound = US$2.05. The 6-month forward rate is 1 pound = US$2. The minimum yield on a 6-month risk-free security in Britain that would induce a U.S. investor to invest in the British security is _____. The quoted interest rate on a 6-month Canadian security is 12%. The current exchange rate is C$1 = US$0.65. The 6-month forward rate is C$1 = US$0.75. The APR (denominated in US$) that a U.S. investor can earn by investing in the Canadian security is _____

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