Assume the spot price of the british pound is currently 17


Assume the spot price of the British pound is currently $1.7. If the risk-free interest rate on 1-year government bonds is 5.4% in the United States and 7.5% in the United Kingdom, what must be the forward price of the pound for delivery 1 year from now?

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Finance Basics: Assume the spot price of the british pound is currently 17
Reference No:- TGS0612767

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