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Assume that the 60-day forward rate is USD 1.28 / GBP. The current spot rate rate is USD 1.14 / GBP. If the spot rate

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Assume that the 60-day forward rate is USD 1.28 / GBP. The current spot rate rate is USD 1.14 / GBP. If the spot rate is USD 1.19 / GBP in 60 days, the forward market return is ___ Notes: Do not label your answer. Round intermediate steps to four decimal places. You should enter your answer in decimal form (i.e. use 0.05 not 5%). wered Answer -0.08 margin of error +/- 0.01 Incorrect

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