14. Direct Quotation on the Dollar. Calculate the for- ward discount on the dollar (the dollar is...

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14. Direct Quotation on the Dollar. Calculate the for- ward discount on the dollar (the dollar is the home currency) if the spot rate is $1.5500/ and the six- month forward rate is $1.5600/.

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Fundamentals Of Multinational Finance

ISBN: 9780321541642

3rd Edition

Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman

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