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Question 19 (4 points) A currency is trading at a forward discount if: 0 1) The direct forward exchange rate is higher than the spot

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Question 19 (4 points) A currency is trading at a forward discount if: 0 1) The direct forward exchange rate is higher than the spot rate O 2) The spot exchange rate is equal to the direct forward rate 3) The direct forward exchange rate is lower than the spot rate 0 4) The spot exchange rate is lower than the direct forward rat Next Page Previous Page

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