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Suppose you observe a spot exchange rate of $2.00/. If interest rates are 5 percent APR in the U.S. and 2 percent APR in the

Suppose you observe a spot exchange rate of $2.00/. If interest rates are 5 percent APR in the U.S. and 2 percent APR in the U.K., what is the no-arbitrage 6-year forward rate? Hint: in (USD/GBP)

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