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The spot and 1-month forward rates for the British Pound are $1.5800/f and $1.5520/, respectively. If the dollaris the home currency, the British Pound is

The spot and 1-month forward rates for the British Pound are \$1.5800/f and $1.5520/, respectively. If the dollaris the home currency, the British Pound is said to be selling at a forward

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