Solve the question given below
The spot exchange rate GBP/USD is $1.2405. The 180- day risk free interest rates in the US and Britain are 0.75% and 1.25% respectively.
What is the forward exchange rate similarly expressed i.e GBP/USD.
The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.