5 2.85 points If the interest rate in the United Kingdom is 8 percent, the interest rate in the United States is 10 perc

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5 2 85 Points If The Interest Rate In The United Kingdom Is 8 Percent The Interest Rate In The United States Is 10 Perc 1 (49.42 KiB) Viewed 9 times

5 2.85 points If the interest rate in the United Kingdom is 8 percent, the interest rate in the United States is 10 percent, the spot exchange rate is $1.35/£1, and interest rate parity holds, what must be the one-year forward exchange rate? (Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161)) Return to question Answer is complete but not entirely correct. per BP One-year forward exchange rate $ 1.320