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2. a) If the euro's 90-day forward rate is quoted at $1.25 and the euro's spot rate is quoted at $1.40, then the euro's forward

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2. a) If the euro's 90-day forward rate is quoted at $1.25 and the euro's spot rate is quoted at $1.40, then the euro's forward premium is: (10 Points) b) If the euro's one-year forward rate is quoted at $1.40 and the euro's spot rate is quoted at $1.30, then the euro's forward premium is (10 Points)

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