Question: QUESTION 2 9 Given the spot rate GBP / USD = 1 . 2 9 5 9 and 1 8 0 - day forward rate

QUESTION 29
Given the spot rate GBP/USD =1.2959 and 180-day forward rate GBP/USD =1.2990, GBP is expected to
Appreciate by 0.2496
Depreciate by 0.24%
Appreciate by 24%
Depreciate by 24%
Devalue by 0.24%
QUESTION 2 9 Given the spot rate GBP / USD = 1 .

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