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Given that the spot rate for S(SGD/USD) is 1.2350/60 and the 3 month forward swap rate is 18/16, what is the rate that a customer

Given that the spot rate for S(SGD/USD) is 1.2350/60 and the 3 month forward swap rate is 18/16, what is the rate that a customer will have to hit if he/she is a seller of USD in a 3 month forward contract? 1.2368 1.2376 1.2344 1.2332

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