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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

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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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