Problem 21.21 Incorrect answer. Your answer is incorrect. Try again. The spot rate on the London market

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Problem 21.21 Incorrect answer. Your answer is incorrect. Try again. The spot rate on the London market is 0.5510/$, while the 90-day forward rate is 0.5586/$. What is the annualized forward premium or discount on the British pound? (Round answer to 2 decimal places, e.g. 17.54%. Use 360 days for calculation.) Forward premium or (discount) Entry field with incorrect answer 10.01 %

Posted Date: Jul 11, 2024 12:05 AM

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Problem 21.21 Incorrect answer. Your answer is incorrect. Try again. The spot rate on the London market

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