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A currency forward rate is said to be at a discount if: Select one: the forward rate exceeds the existing spot rate. O b. the

A currency forward rate is said to be at a discount if: Select one: the forward rate exceeds the existing spot rate. O b. the forward rate is less than the expected future spot rate. the forward rate exceeds the expected future spot rate. the forward rate is less than the existing spot rate. none of the above O d. O e.
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A currency forward rate is said to be at a discount if: Select one: a. the forward rate exceeds the existing spot rate. b. the forward rate is less than the expected future spot rate. c. the forward rate exceeds the expected future spot rate. d. the forward rate is less than the existing spot rate. e. none of the above

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