What day forward rate will interest rate parity hold

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Question 1: If annualized interest rates in the UK and US are 15% and 10%, respectively, and the spot value of the pound is $.1520, then at what 90 day forward rate will interest rate parity hold?

Select one:

Option a. $0.1480

Option b. $0.1245

Option c. $0.1501

Option d. $0.1531

Reference no: EM132512805

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