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Assume the spot rate of the Swiss franc is $ . 6 2 and the one - year forward rate is $ . 6 6

Assume the spot rate of the Swiss franc is $.62 and the one-year forward rate is $.66. The forward rate exhibits a ____ of ____.
Question 3 options:
a)
discount; about 6 percent
b)
premium; about 6 percent
c)
discount; about 6.45 percent
d)
premium; about 6.45 percent

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