$Forward Premium on the Euro.$$Calculate the forward premium on the Euro if the spot rate is$$$ $1\mathrm{.}0692$ equals euro $1\mathrm{.}00$ and the $3-$month forward rate is $ $1\mathrm{.}0582$ equals euro $1\mathrm{.}00.$Note: Use a$360-$day year.

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Part $1$

The forward premium on the Euro is

$$

enter your response here$\%.($Round to four decimal$$ places.$)$

$($Select from the$$ drop$-$down menus.$)$

The euro would be selling forward at a

$$

premium

discount

against the$$ dollar, or$$ equivalently, the dollar selling forward against the euro at a

$$

premium

discount

$.$

$1,000,000\mathrm{.}00$

Convert to euros at Deutschebank quote

$$

$1,350,074\mathrm{.}25$

Convert euros to pounds at NatWest quote

$$

$1,135,661\mathrm{.}38$

Convert pounds to US$ at Citibank quote

$