If the current exchange rate is 160pound the one-year
If the current exchange rate is $1.60/£, the one-year forward exchange rate is $1.70/£, and the interest rate on British government bills is 5.00% per year, what risk-free dollar denominated return can be locked in by investing in the British bills?
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if the current exchange rate is 160pound the one-year forward exchange rate is 170pound and the interest rate on
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