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The spot rate is $1.23/. If interest rates are 9% in the US and 10% in the UK, what is the no-arbitrage 2-year forward rate?

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The spot rate is $1.23/. If interest rates are 9% in the US and 10% in the UK, what is the no-arbitrage 2-year forward rate? $1.2077/E $1.2527/E $1.2413/E

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