The six-month forward rate between the British pound and the U.S. dollar is $1.75 per pound. If…


Question Description:

20

The six-month forward rate between the British pound and the U.S. dollar is $1.75 per pound. If… 1 answer below ยป 1. The six-month forward rate between the British pound and the U.S. dollar is $1.75 per pound. If sixmonth interest rates are 3% in the United States and 150 basis points higher in England, what is the current exchange rate? 2. If the Canadian dollar to U.S. dollar exchange rate is 1.28 and the British pound to U.S. dollar exchange rate is 0.62, what must the Canadian dollar to British pound exchange rate be? Jul 08 2014 12:39 PM

Answer

20