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John Travers is planning a holiday to Thailand but is concerned that the U.S dollar will decline in value before he makes the trip .

John Travers is planning a holiday to Thailand but is concerned that the U.S dollar will decline in value before he makes the trip . his travel agent has planned a trip for him for a total cost of $41,250 Thai baht. John plans to purchase the baits forward and is given a dollar estimate of $1,247.17 based on the 30 day forward quote. what is the forward quote

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