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Q9. The spot rate, S(V/$) is given as $1 = $120. The one year forward rate, F1 is $1 =W118. (2 marks) A. Determine whether

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Q9. The spot rate, S(V/$) is given as $1 = $120. The one year forward rate, F1 is $1 =W118. (2 marks) A. Determine whether the dollar is trading at discount or at premium. (6 marks) B. Calculate the percent spread between the spot rate and the one year forward rate. Arial 3 (12pt) T-EE

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