Assuming interest rate parity holds estimate the us 4-year
The British 4-year interest rate if 5%. The spot rate for pounds is £1=$1.44 while the 4-year forward rate is £1=$1.40. Assuming interest rate parity holds, estimate the U.S. 4-year interest rate.
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the british 4-year interest rate if 5 the spot rate for pounds is pound1144 while the 4-year forward rate is pound1140
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