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Question 1-7 Consider the following spot quotes: Pair Rates 3-month forward swap USDCAD 1.3925-29 - USDSGI) | 1.4276-80 USDJPY 119.26-30 11-07 13 17 26- 23

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Question 1-7 Consider the following spot quotes: Pair Rates 3-month forward swap USDCAD 1.3925-29 - USDSGI) | 1.4276-80 USDJPY 119.26-30 11-07 13 17 26- 23 Calculate the bid and ask rates for CADSGD 3-month foryard outright. (a) .0264 1.0275 (b) 1.0274 1.028:5 (c) 1.02841.0295 (d) 1.02941.0305

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