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Business, 03.01.2022 15:20 arom7470

Let’s consider spot exchange rate between dollar and pound as $1.5 = £1. If the interest rate of United States is 5% per annum and of United Kingdom is 8% per annum, what should be the forward exchange rate after 1-year time if the interest rate parity holds true?

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Let’s consider spot exchange rate between dollar and pound as $1.5 = £1. If the interest rate of Uni...
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