The GBP/USD spot exchange rate is 1.2526. The 3-month interest rate for UK is 4% p.a. (perannum)
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The GBP/USD spot exchange rate is 1.2526. The 3-month interest rate for UK is 4% p.a. (perannum) and for US is 3% p.a. What is the 3-month forward GBP/USD exchange rate
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ISBN: 978-1292064062
8th edition
Authors: Richard Pike, Bill Neale, Philip Linsley
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