What is the forward exchange rate similarly expressed

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Solve the question given below

The spot exchange rate GBP/USD is $1.2405. The 180- day risk free interest rates in the US and Britain are 0.75% and 1.25% respectively.

What is the forward exchange rate similarly expressed i.e GBP/USD.

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131992371

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