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The 6-month forward discount for converting the U.S. dollar into the British pound is 1.34% and 6-month U.S. Treasury bills yield 1.56%. Based on interest
The 6-month forward discount for converting the U.S. dollar into the British pound is 1.34% and 6-month U.S. Treasury bills yield 1.56%. Based on interest rate parity, what should be the 6-month British Treasury bill yield? O A. .2296 OB. -.78% O C. 2.9% OD.3.1% QUESTION 16 The current exchange rate is one Australian dollar (AUD) equal to 1.349 USD. In the United States, the 6 months T-bill rate is 2.84%. The 6-month forward rate for AUD is.75 USD/AUD. Assuming that interest rate parity exists, what is the implied interest rate for Australia? O A.5.19% OB.-2.35% O C. 2.35% D..49%
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