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The U.S risk-free rate is 1.5% compounded continuously. The $/UK pound spot rate is 1.50. The 6-month forward contract price is 1.51. Determine the UK

The U.S risk-free rate is 1.5% compounded continuously. The $/UK pound spot rate is 1.50. The 6-month forward contract price is 1.51.

Determine the UK pound continuous interest rate.

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