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the $us is currently worth 0.5 on the spot market. if it is worth 0.49 on the 12 month foward market and the 12 mounth

the $us is currently worth 0.5 on the spot market. if it is worth 0.49 on the 12 month foward market and the 12 mounth deposit rates in the US are 3% per annum then UK 12 month interest rates are?

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