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QUESTION 12 The spot rate of the euro is $1.4 and the one-year forward rate is $1.5. The forward rate exhibits a of

QUESTION 12 The spot rate of the euro is $1.4 and the one-year forward rate is $1.5. The forward rate exhibits a __ of __. a. premium; about 7.14 percent b. discount; about 7.14 percent c. discount; about 6.67 percent d.premium; about 6.67 percent

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