Question
Assume the spot rate of a currency is $.37 and the 180-day forward rate is $.36. The forward rate of this currency exhibits a ____
Assume the spot rate of a currency is $.37 and the 180-day forward rate is $.36. The forward rate of this currency exhibits a ____ of ____ on an annualized basis.
| discount; 5.41 percent | ||
| premium; 5.41 percent | ||
| discount; 10.81 percent | ||
| premium; 6.52 percent |
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Dividend Growth Investing Machine
Authors: Andrew P.C.
1st Edition
1521728461, 978-1521728468
