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
Posted: Sun Jul 03, 2022 6:44 am
question Answer is complete but not entirely correct. per BP One-year forward exchange rate $ 1.320
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