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the two year forward exchange rate is 0.87925. the annual interest rates in UK and europe are 3.5% and 1.5% respectively. what should be spot
the two year forward exchange rate is 0.87925. the annual interest rates in UK and europe are 3.5% and 1.5% respectively. what should be spot exchange rate according to interest rate parity?
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley Eakins
6th International Edition
0321552113, 9780321552112
