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A German exporter will receive 5 11.000 after 6 months. The financial manager is negotiating with the bank to get it the soonest possible because

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A German exporter will receive 5 11.000 after 6 months. The financial manager is negotiating with the bank to get it the soonest possible because he expected that the curo is going to depreciate Spot: 13229 USD/EUR Forwand 6 months: 1.3208 USD EUR Calculate the forward discount on EUR

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