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suppose the currency exchange rate between the united states and the united kingdom is $1.76/E....

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Accounting

suppose the currency exchange rate between the united states and the united kingdom is $1.76/E. the continuously compounded interest rate in the U.S is 7%, while the continuously compounded british pound- denominated interest rate is 9%. What is the price of a 12-month prepaid forward contract on the british pound?

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