Business
Business, 10.08.2019 06:10, glowbaby123

Assume the spot rate for the british pound currently is £.6391 per dollar and the one-year forward rate is £.6389. a risk-free asset in the u. s. is currently earning 3 percent. if interest rate parity holds, approximately what rate can you earn on a one-year risk-free british security?

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Assume the spot rate for the british pound currently is £.6391 per dollar and the one-year forward r...

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