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if an investor can obtain more of a foreign currency for a dollar in the forward market than in the spot market, then the forgeign
if an investor can obtain more of a foreign currency for a dollar in the forward market than in the spot market, then the forgeign currency is said to be selling at a forward discount, true or false
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
2nd Edition
0324289235, 9780324289237
