The six month interest rates yearly in the us
Determination of the spot rate.
The six month interest rates 5% and 6% yearly in the US and the UK respectively. If the six month forward rate is $1.49/pound.What must the spot rate be to prevent covered interest arbitrage?
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Currency exchange rates tend to vary inversely with their
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The six month interest rates 5% and 6% yearly in the US and the UK respectively. If the six month forward rate is $1.49/pound. What must the spot rate be to prevent covered interest arbitrage.
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