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According to The National Post, the spot exchange rate for the Euro is Euro 1 = $ 1 . 3 0 . The six -
According to The National Post, the spot exchange rate for the Euro is Euro $ The sixmonth forward exchange rate is Euro $ Based on these quotes, which of the following statements isare true:
The Euro is selling at a discount relative to the dollar.
II The Euro is selling at a premium relative to the dollar.
III. The dollar is selling at a discount relative to the Euro.
IV The dollar is selling at a premium relative to the Euro.
I only
II and IV only
I and III only
II and III only
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