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Calculate the forward quote in percentage for the THB (the currency of interest). Spot = THB 38/EUR 6-month forward = THB 40/EUR Assume the EUR

Calculate the forward quote in percentage for the THB (the currency of interest). Spot = THB 38/EUR 6-month forward = THB 40/EUR Assume the EUR is the home currency. [THB = Thai baht] [6 months = 180 days] Group of answer choices -10.526% -10% +10.526% +10%

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