Question: The current USD / British Pound exchange rate is 1 . 5 0 . What can we determine about interest rates in the US and

The current USD / British Pound exchange rate is 1.50. What can we determine about interest rates in the US and UK ff the forward rate is 1.40?
Group of answer choices
Not enough information to determine relative rates
The US Rate is higher than the UK Rate
The UK Rate is higher than the US Rate

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