Assume that interest rate parity holds us interest rate is
Assume that interest rate parity holds. U.S. interest rate is 13% and British interest rate is 10%. The forward rate on British pounds exhibits a ____ of ____ percent.
a. premium; 2.73
b. discount; 3.65
c. premium; 3.65
d. discount; 2.73
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describe the basic accounting equation that provides the structure for the balance sheet define the three major
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