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The direct spot exchange rate for British pounds is 1.4329. The 180 day risk-free rates in the US and Britain are 4.5% and 5.2%, respectively.

The direct spot exchange rate for British pounds is 1.4329. The 180 day risk-free rates in the US and Britain are 4.5% and 5.2%, respectively. What is the direct forward exchange rate? 14368 14234 1 4425 14281

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