Business
Business, 27.12.2019 05:31, jalenshayewilliams

Suppose 90-day investments in britain have a 6% annualized return and a 1.5% quarterly (90-day) return. in the u. s., 90-day investments of similar risk have a 4% annualized return and a 1% quarterly (90-day) return. in the 90-day forward market, 1 british pound equals $1.65. if interest rate parity holds, what is the spot exchange rate?

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Suppose 90-day investments in britain have a 6% annualized return and a 1.5% quarterly (90-day) retu...

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