Finance-While in the US, calculate the 90 day-forward rate for the British Pound

| January 31, 2017

Question
While in the US, calculate the 90 day-forward rate for the British Pound with the following information: USDGBP = 0.6450, the UK interest rate is 3.9%, the US interest rate is 4.9% (assume annual compounding)

A. 0.6450

B. 1.5604

C. 0.5634

D. 1.5541

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