Nbspthe spot rate for british pound gbp into south african, Financial Accounting

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Nbspthe spot rate for british pound gbp into south african

The spot rate for British Pound (GBP) into South African Rand (ZAR) is 14.06 ZAR/GBP. 6-month interest rates in the UK are 0.75% and 6-month interest rates in South Africa are 5.5%. Assume rates are of the form

Would you expect that the forward FX rate to be higher or lower than today?
What is the 6-month forward FX rate?
What is the quote for the 6-month forward point?

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Financial Accounting: Nbspthe spot rate for british pound gbp into south african

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Financial Accounting: Nbspthe spot rate for british pound gbp into south african

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