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On your dealer's screen you have the following quotations: Spot:USD/CAD 1.3192 / 1.3194 6 month Forward: -63/-53 What is the annualised USD forward bid premium

On your dealer's screen you have the following quotations:

Spot:USD/CAD 1.3192 / 1.3194

6 month Forward: -63/-53

What is the annualised USD forward bid premium or discount as a percentage? Present your answer in nominal terms.

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