Assume the current U.S. dollar-British spot rate is £1.13/$. If the current nominal one-year interest rate in the U.S. i

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Assume the current U.S. dollar-British spot rate is £1.13/$. If the current nominal one-year interest rate in the U.S. i

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Assume The Current U S Dollar British Spot Rate Is 1 13 If The Current Nominal One Year Interest Rate In The U S I 1
Assume The Current U S Dollar British Spot Rate Is 1 13 If The Current Nominal One Year Interest Rate In The U S I 1 (36.42 KiB) Viewed 36 times
Assume the current U.S. dollar-British spot rate is £1.13/$. If the current nominal one-year interest rate in the U.S. is 12.8% and the comparable rate in Britain is4.8%, what is the approximate forward exchange rate? * £ 1.050/S £ 1.184/ S £ 1.336/ S O £ 1.216/S £1.226/ S
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