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Question 12 1 pts The EUR-USD spot exchange rate is $1.50/ and the 120-day forward exchange rate is $1.45/. Assume 360 days in a year.

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Question 12 1 pts The EUR-USD spot exchange rate is $1.50/ and the 120-day forward exchange rate is $1.45/. Assume 360 days in a year. The forward premium (discount) is: the dollar trading at a 10% discount to the euro for delivery in 120 days. the dollar trading at a 5% premium to the euro for delivery in 120 days. the dollar trading at a 5% discount to the euro for delivery in 120 days. the dollar trading at an 8% premium to the euro for delivery in 120 days

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