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A newspaper provides spot exchange rate of $1 = .7555 and 1-year forward rate of $1=.7755. You'll also need to use the additional information provided
A newspaper provides spot exchange rate of $1 = .7555 and 1-year forward rate of $1=.7755. You'll also need to use the additional information provided in the problems. I 5. Compute the USD-Pound forward premium round to 4 decimal places
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