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papahomer papahomer
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6 years ago
The direct 3 month forward rate for the U.K. pound is 1.4496; the pound is expected to
A) stay the same against the dollar.
B) weaken against the dollar.
C) fluctuate randomly against the dollar.
D) strengthen against the dollar.
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
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David_hessDavid_hess
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