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Answer only, no need explain Assume the spot rate of a currency is $ . 3 5 and the 1 8 0 - day forward

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Assume the spot rate of a currency is $.35 and the 180-day forward rate is $.36. The forward rate of this currency exhibits a of on an annualized basis.
a. discount; 11.11 percent
b., premium; 11.11 percent
c. premium; 10.81 percent
d. discount; 10.81 percent
e. No answer
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