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The spot Dollar-GBP sterling exchange rate is $1.80 per pound. The U.S. and U.K. 1-year simple interest rates are 4% and 2% respectively. The futures

The spot Dollar-GBP sterling exchange rate is $1.80 per pound. The U.S. and U.K. 1-year simple interest rates are 4% and 2% respectively. The futures price for delivery in one year is $1.86 per pound....

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