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Fundamental and Powerful Concept 02: The spot rate of the Australian dollar is $0.7692/A$. The U.S. dollar three-month forward rate is quoted at a discount

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Fundamental and Powerful Concept 02: The spot rate of the Australian dollar is $0.7692/A$. The U.S. dollar three-month forward rate is quoted at a discount of 7.49. What is the Australian dollar three-month outright forward rate? $0.8307105 $0.7550/C5 $0.7834/CS N $0.7837/05 50.8261/05

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