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12. The foreign exchange department at Tokyo's Daiwa Bank quoted the spot rate on the euro at 0.00?Of. The 90day forward rate is quoted at
12. The foreign exchange department at Tokyo's Daiwa Bank quoted the spot rate on the euro at 0.00?Of. The 90day forward rate is quoted at a premium of 4.410 percent on the euro. What is the 90day forward rate? (Round answer to 6 decimal places, (Lg. 15.251945. Use 360 days for calculation) Forward rate
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