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The current spot exchange rate is $1.95/ and the three-monthforward rate is $1.90/. Based on your analysis of the exchangerate, you are pretty confident that

The current spot exchange rate is $1.95/Â£ and the three-monthforward rate is $1.90/Â£. Based on your analysis of the exchangerate, you are pretty confident that the spot exchange rate will be$1.92 2 answers

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