Exchange rate between the dollar and the british pound

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1. What is the most common form of quoting the exchange rate between the dollar and the British pound? What is the rate today? What would be the less common form of quoting this exchange rate?

2. If you believe that the euro will be higher in 6 months than it is today, would it be better to purchase the 6-month forward contract instead of the spot rate?

Reference no: EM131243329

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