A major us multinational firm has forecast the eurodollar


A major U.S. multinational firm has forecast the euro/dollar rate to be euro 1.10/$ one year hence, and an exchange rate of $1.40 for the British pound (£) in the same time period. What does this imply the company's expected rate for the euro per pound to be in one year?

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Financial Management: A major us multinational firm has forecast the eurodollar
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