- Assume The Current U S Dollar British Spot Rate Is 0 6993 If The Current Nominal One Year Interest Rate In The U S 1 (16.59 KiB) Viewed 19 times
Assume the current U.S. dollar-British spot rate is 0.6993£/$. If the current nominal one-year interest rate in the U.S.
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Assume the current U.S. dollar-British spot rate is 0.6993£/$. If the current nominal one-year interest rate in the U.S.
Assume the current U.S. dollar-British spot rate is 0.6993£/$. If the current nominal one-year interest rate in the U.S. is 5% and the comparable rate in Britain is6%, regarding interest rate parity (IRP) U.S dollar will: *