What is the expected future spot rate that is consistent
The spot exchange rate is $1.25 per £, the interest rate in the U. S. is 1% per annum and the interest rate in U. K. is 2% per annum. What is the expected future spot rate that is consistent with the uncovered interest parity?
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the spot exchange rate is 125 per pound the interest rate in the u s is 1 per annum and the interest rate in u k is 2
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the spot rate at the beginning of the month is 125 per pound and the forward rate is 130 percent if the unbiasedness
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