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14 The spot rate is $:SFr = 1.2936 and the 3 month forward exchange rate is $:SFr= 1.2823. The dollar is traded at a in

14 The spot rate is $:SFr = 1.2936 and the 3 month forward exchange rate is $:SFr= 1.2823. The dollar is traded at a in the forward exchange rate market. (2.00) A discount B premium depreciation appreciation O A OB OC OD

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