Question: Using the table shown, what rate could be used to lock-in an exchange rate for British pounds for 30 days from now? Use a direct

Using the table shown, what rate could be used to lock-in an exchange rate for British pounds for 30 days from now? Use a direct quote. Country Britain(Pound) 62,500 1 Month Forward 3 Months Forward 6 Months Forward 12 Months Forward U.S.S equiv. Tuesday Monday 1.6000 1.6100 1.6100 1.6300 1.6300 1.6600 1.6600 1.7200 1.7200 1.8000 Currency per U.S. S Tuesday Monday 0.625 0.6211 0.6211 0.6173 0.6173 0.6024 0.6024 0.5814 0.5814 0.5556 Using the table shown, what rate could be used to lock-in an exchange rate for British pounds for 30 days from now? Use a direct quote. Country Britain(Pound) 62,500 1 Month Forward 3 Months Forward 6 Months Forward 12 Months Forward U.S.S equiv. Tuesday Monday 1.6000 1.6100 1.6100 1.6300 1.6300 1.6600 1.6600 1.7200 1.7200 1.8000 Currency per U.S. S Tuesday Monday 0.625 0.6211 0.6211 0.6173 0.6173 0.6024 0.6024 0.5814 0.5814 0.5556

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