Indirect on the Dollar. Calculate the forward premium on the dollar (the dollar is the home currency)

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Indirect on the Dollar. Calculate the forward premium on the dollar (the dollar is the home currency) if the spot rate is €1.3300/$ and the 3-month forward rate is

€1.3400/$.

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Multinational Business Finance

ISBN: 9781292097879

14th Global Edition

Authors: David Eiteman, Arthur Stonehill, Michael Moffett

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