If the interest rate in the united kingdom is 10 percent, Financial Management

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If the interest rate in the united kingdom is 10 percent

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: If the interest rate in the united kingdom is 10 percent

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Financial Management: If the interest rate in the united kingdom is 10 percent

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