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The spot exchange rate for British pounds is 0.601 (GBP/USD). The one-year risk-free rates in the U.S. and Britain are 3.96% and 4.37%, respectively. What
The spot exchange rate for British pounds is 0.601 (GBP/USD). The one-year risk-free rates in the U.S. and Britain are 3.96% and 4.37%, respectively. What is the one-year forward exchange rate in GBP/USD
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Introduction To Mathematical Finance Discrete Time Models
Authors: Stanley R. Pliska
1st Edition
1557869456, 9781557869456
