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11. Assume the spot rate of a currency is $.37 and the 90-day forward rate is S.36. What is the annualized premium or discount? 1.

11. Assume the spot rate of a currency is $.37 and the 90-day forward rate is S.36. What is the annualized premium or discount?

1. Assume the spot rate of a currency is $.37 and the 90 -day forward rate is $.36. What is the annualized premium or discount

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