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The current exchange rate between the United States and Britan is $1.825 per pound. The 6- month forward rate between the British pound and the
The current exchange rate between the United States and Britan is $1.825 per pound. The 6- month forward rate between the British pound and the U.S. dollar is $1.79 per pound. Required: What is the percentage difference between current 6-month U.S. and British interest rates
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