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If you can obtain less of the foreign currency for a dollar in the forward than in the spot market, the forward currency is more

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If you can obtain less of the foreign currency for a dollar in the forward than in the spot market, the forward currency is more valuable than the spot currency, and the forward currency is said to be selling at a premium. True or false? True O False In New York, there are the following exchange rates: 1.50 Swiss franc equals $1; 102 yen equals $1, and 0.87 euro equals $1. In Europe, there are the following exchange rates: 1.68 Swiss franc = 1 euro; 120 yen = 1 euro; $1.18 equals 1 euro. If an investor has $1000, what is his best arbitrage gain? O $27 in the dollar and euro $50 in the yen, Swiss franc and euro $54 in the Swiss franc and euro $73 in the dollar and euro

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