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49. The current U.S. dollar-yen spot rate is 12sx/S. If the 90-day forward exchange rate is 127 Y % (what (premium or discount?) of the

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49. The current U.S. dollar-yen spot rate is 12sx/S. If the 90-day forward exchange rate is 127 Y % (what (premium or discount?) of the yen is selling forward at a per annum percentage?) A)-6.2992 % B)-6.4000% C) 6.2992% D) 6.4000%

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