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48. (4 points) Assume the following spot and forward rates for the euro ($/euro). Spot rate 30-day forward rate 90-day forward rate 120-day forward

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48. (4 points) Assume the following spot and forward rates for the euro ($/euro). Spot rate 30-day forward rate 90-day forward rate 120-day forward rate $1.6277 1.6330 1.6353 1.6387 A) What is the dollar value of one euro in the spot market? B) Suppose you issued a 120-day forward contract to exchange 200,000 euros into Canadian dollars. How many dollars are involved? C) How many euros can you get for one dollar in the spot market? D) What is the 120-day forward premium?

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A The spot rate for the euro is 16277 This means that the dollar value o... blur-text-image

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