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foreign exchange market Direct on the Dollar. Calculate the forward discount on the dollar (the dollar is the home currency) if the spot rate is

foreign exchange market
Direct on the Dollar. Calculate the forward discount on the dollar (the dollar is the home currency) if the spot rate is $1.5800 / f and the 6-month forward rate is $1.5550 / . Note: Use a 360-day year. . . . . . The forward premium on the dollar is % (Round to four decimal places.)

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