One-year interest rates are currently 15 in the united, Financial Management

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One-year interest rates are currently 15 in the united

One-year interest rates are currently 1.5% in the United States and 4.8% in Great Britain. The current spot rate between the pound and the dollar is $1.85/£. What would you expect the spot rate for the pound to be one year hence if you believe in the international Fisher effect?

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Financial Management: One-year interest rates are currently 15 in the united

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