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Direct on the Dollar. Calculate the forward discount of the euro against the dollar (the dollar is the home currency) if the spot rate is

Direct on the Dollar. Calculate the forward discount of the euro against the dollar (the dollar is the home currency) if the spot rate is $ 1.6257 divided by pound and the 6-month forward rate is $ 1.6045 divided by pound. Note: Use a 360-day year. The forward premium on the dollar is nothing%.

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