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Fin 582 Chapter 5 Quiz Questions with Correct Answers
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Fin 582 Chapter 5 Quiz Questions with Correct Answers The one-year forward rate of the British pound is quoted at $1.50, and the spot rate of the British pound is quoted at $1.515. The forward ____ is ____ percent. a. discount; 1.0 b. discount; 1.5 c. premium; 1.5 d. premium; 1.0 - Answer-a. ...
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