Let the US interest rate be 2%, the UK rate 0%, E $/ GBP = 1.3, and F $/GBP = 1. If you invest $10 in a US account, the dollar value of your US…

Let the US interest rate be 2%, the UK rate 0%, E $/ GBP= 1.3, and F $/GBP = 1.25. If you invest $10 in a US account, the dollar value of your US return is:

Leave a Reply