Suppose the interest rate on 1-year loans in the United States is 5% while in the United Kingdom the interest rate is 6%.The spot exchange rate is $1.55/$\le$ and the forward rate is $1.54/$\le$.In what country would you choose to borrow? To lend? Can you profit from this situation?

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The Answer of Suppose the interest rate on 1-year loans in the United States is 5% while in the United Kingdom the interest rate is 6%.The spot exchange rate is $1.55/$\le$ and the forward rate is $1.54/$\le$.In what country would you choose to borrow? To lend? Can you profit from this situation?

Suppose the Interest Rate on 1-Year Loans in the United ≤\le≤

Suppose the Interest Rate on 1-Year Loans in the United $\le$