Indirect Forward Premium on the Australian dollar. Calculate the forward premium on the Australian dollar (the Australian

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Indirect Forward Premium on the Australian dollar.

Calculate the forward premium on the Australian dollar (the Australian dollar is the home currency) if the spot rate is €0.6151/A$ and the 3-month forward rate is €0.6216/A$.

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Multinational Business Finance

ISBN: 9781292270081

15th Global Edition

Authors: David Eiteman, Arthur Stonehill, Michael Moffett

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