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Question 23 1 pts The / spot exchange rate is 110/1 and the 120-day forward exchange rate is $120/1. Therefore, the forward premium (discount) is

Question 23 1 pts The / spot exchange rate is 110/1 and the 120-day forward exchange rate is $120/1. Therefore, the forward premium (discount) is O 3.71% 32.73% o 9.09% O 27.27%

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