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Assume the Swiss franc/U.S. Dollar Spot rate is Fr.9253/$ and the 3-month forward rate is quoted as Fr.9315/$. Hence, the 3-month U.S. dollar is selling

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Assume the Swiss franc/U.S. Dollar Spot rate is Fr.9253/$ and the 3-month forward rate is quoted as Fr.9315/$. Hence, the 3-month U.S. dollar is selling at a forward of approximately per annum.' discount: 2.66% discount: 67% None of the answers is correct O premium:.67% O premium: 2.68%

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