The spot exchange rate is 17777pound the risk-free rate is
The spot exchange rate is $1.7777/£. The risk-free rate is 5% in the United States and 7% in the United Kingdom. What is the forward exchange rate? (Assume a 1-year contract.) Round your answer to four decimal places.
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the spot exchange rate is 17777pound the risk-free rate is 5 in the united states and 7 in the united kingdom what is
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