Assume the current U S dollar British spot rate is 0 6993E $ If the current nominal one year interest rate in the U S is 5 and the comparable rate in Britain is 6 , what is the approximate forward exchange rate for 360 days (Write your answers in Numeric only up to 4 decimal points) Answer Assume ...

To find the approximate forward exchange rate for 360 days we can use the interest ra ...

Assume the current U.S. dollar-British spot rate is 0.6993E/$. If the current nominal one-year interest rate...

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Macroeconomics

ISBN: 978-0138014919

12th edition

Authors: Robert J Gordon

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Posted Date: May 04, 2024 10:54 AM

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Assume the current U.S. dollar-British spot rate is 0.6993E/$. If the current nominal one-year interest rate...

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Macroeconomics

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