Assume the current us dollar-british spot rate is
Assume the current U.S. dollar-British spot rate is 0.6134£/$. If the current nominal one-year interest rate in the U.S. is 2.5% and the comparable rate in Britain is 3.5%, what is the approximate forward exchange rate for 360 days?
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you have observed the following returns over timeyearnbspnbspnbspnbspnbsp stock xnbspnbspnbspnbspnbspnbspnbsp stock
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assume the current us dollar-british spot rate is 06134pound if the current nominal one-year interest rate in the us is
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1 describe and illustrate with balance sheets of both the bank of canada and the direct clearers with the canadian
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