Forward premium: The spot rate on the London market is 0.7531/$, while the 90-day forward rate is
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Forward premium: The spot rate on the London market is
£0.7531/$, while the 90-day forward rate is £0.7602/$. What is the annualized forward premium or discount on the British pound?
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Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9781119795438
5th Edition
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
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