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    Exam 9: Futures and Options on Foreign Exchange
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    What Is the Highest Possible 1-Year Forward $/£ Exchange Rate
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What Is the Highest Possible 1-Year Forward $/£ Exchange Rate

Question 14

Question 14

Multiple Choice

What is the highest possible 1-year forward $/£ exchange rate FROM THE LIST BELOW?


A) $1.93/£
B) $1.97/£
C) $2.03/£
D) $2.05/£

Correct Answer:

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