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you can buy or sell the spot at $1.98 to the pound. you can buy or sell the pound 1 year forward at $2.01 to

you can buy or sell the spot at $1.98 to the pound. you can buy or sell the pound 1 year forward at $2.01 to the pound. if us annual interest rates are 5% what must be the approximate one year british interest rate if interest rate parity holds

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