Assume the spot rate of the ₤ is $1.7000. The British interest rate is 10%, and the U.S. interest rate is 11% over the 360 day (1 year) period. […]
Assume the spot rate of the ₤ is $1.7000. The British interest rate is 10%, and the U.S. interest rate is 11% over the 360 day (1 year) period. […]