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You are British and hold a U.S. T-bond with a full price of 100 and duration of 15. Its yield is 5%. The cash rates

You are British and hold a U.S. T-bond with a full price of 100 and duration of 15. Its yield is 5%. The cash rates on dollar and pound are 2% and 3% respectively. You expect U.S. yield to move up 10 basis points over the year. Give a rough estimate of your expected return if you decide to hedge the currency risk.

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