ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Transcribed Image Text:Using the table shown, what is the most current 6-month forward exchange rate shown for British
pounds? Use a direct quote from a U.S. perspective and assume today is Tuesday.
Country
Britain (Pound) £
1 Month Forward
3 Months Forward
6 Months Forward
O $0.6024-£1.00
$1.66 €1.00
O $1.61-£1.00
$1.60-£1.00
O $1.00-£0.6024
U.S. $ equiv.
Tuesday Monday
1.6000
1.6100
1.6300
1.6100
1.6300
1.6600
1.6600 1.7200
Currency per U.S. $
Tuesday Monday
0.6250
0.6211
0.6173
0.6024
0.6211
0.6173
0.6024
0.5814
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