If the interest rate in the united kingdom is 10 percent, Ask an Expert

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If the interest rate in the United Kingdom is 10 percent, the interest rate in the United States is 12 percent, the spot exchange rate is $1.6821/£1, and interest rate parity holds, what must be the one-year forward exchange rate? (Do not round intermediate calculations. Round your answer to 4 decimal places. (e.g., 32.1616))

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92084015

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