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Example 3 If the Spot rate is (1 OMR=2.25 EUR), forward rate is (1 OMR=2.20 EUR), contract is 3 months, international interest rate is 8%

Example 3 If the Spot rate is (1 OMR=2.25 EUR), forward rate is (1 OMR=2.20 EUR), contract is 3 months, international interest rate is 8% and local interest rate is 6%. Calculate the Premium or Discount

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