Question: current spot rate on the British pound is $ 1 . 5 8 1 6 = 1 . 0 0 , and the 1 8

current spot rate on the British pound is $1.5816=1.00, and the 180-day forward rate is $1.5557=1.00. The initisl investment is 1,150,000.00,
The investment proceeds from the initial investment is 1,150,000. OC
(Round to two decimal places.)
current spot rate on the British pound is $1.5816=1.00, and the

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