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Assume the spot rate of the Swiss franc is $0.62 and the one-year forward rate is $0.66. The forward rate for Swiss franc exhibits a
Assume the spot rate of the Swiss franc is $0.62 and the one-year forward rate is $0.66. The forward rate for Swiss franc exhibits a ____ of ____. Answer discount 6.06% discount 6.45% premium 6.06% premium 6.45%
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