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If the 30-day yen interest rate is 3%, and the 30-day euro interest rate is 5%, is there a forward premium or discount on the

If the 30-day yen interest rate is 3%, and the 30-day euro interest rate is 5%, is there a forward premium or discount on the euro in terms of the yen?

cannot be determined given above information

There is no discount or premium in the forward market.

Euro is at premium in the forward market

Euro is at discount in the forward market

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