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Calculate the forward discount or premium for the following spot and three month forward rates: (a) SR = $2.00 /1 and FR = $2.01/1 (b)

Calculate the forward discount or premium for the following spot and three month forward rates:

(a) SR = $2.00 /1 and FR = $2.01/1

(b) SR = $2.00/1 and FR = $1.96/1

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