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c) Suppose that the following information is available to you today: Spot and forward exchange rates against the pound () Country (Currency) Spot exchange rate

c) Suppose that the following information is available to you today: Spot and forward exchange rates against the pound () Country (Currency) Spot exchange rate 3-month forward exchange rate France (Euro) 1.1129/ 1.1360/ USA (US dollar) $1.4242/ $1.4200/ i) Calculate the annual forward rate premium or discount of the euro, and the dollar, against the pound

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