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Suppose the 90-day forward rates for the British pound are $1.4179/. Assume the forward pound is selling at a 2.5% annualized discount, what is the

Suppose the 90-day forward rates for the British pound are $1.4179/. Assume the forward pound is selling at a 2.5% annualized discount, what is the spot rate?

a. $1.3875/

b. $1.4124/

c. $1.4543/

d. $1.5012/

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