Question: Please show all work on paper or show excel formulas correct answer is marked with an X to help Question 28 The current British pound

Please show all work on paper or show excel formulas correct answer is marked with an X to help

Please show all work on paper or show excel formulas correct

Question 28 The current British pound exchange rate is 1.17 pounds per dollar. If British inflation is expected to be 10% and US inflation 6%, what is the indirect forward rate for the British pound 2 years from now? 1.04 1.14 1.52 1.38 1.26 1.09

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