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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

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/E $1.4543/ d. $1.5012

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