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Question 2 The pound spot rate is $.80 and the pound 90-day forward rate is $.78. At what discount or premium is the pound selling?

Question 2 The pound spot rate is $.80 and the pound 90-day forward rate is $.78. At what discount or premium is the pound selling? 0 -2.22%, discount O 10%, premium O -10% discount 2.22%, premium

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