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Question: suppose the current exchange rate is 177 divided by...

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Suppose the current exchange rate is $ 1.77 divided by pound $1.77/£​, the interest rate in the United States is 5.41 % 5.41%​, the interest rate in the United Kingdom is 4.12 % 4.12%​, and the volatility of the​ $/£ exchange rate is 10.3 % 10.3%. Use the​ Black-Scholes formula to determine the price of a​ six-month European call option on the British pound with a strike price of $ 1.77 divided by pound $1.77/£.

The corresponding forward exchange rate is ​$________________ ​/ pound £. ​(Round to four decimal​ places.)

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