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Question 3 1 pts The one-year forward rate of the British pound is quoted at $1.63, and the spot rate of the British pound is

Question 3 1 pts The one-year forward rate of the British pound is quoted at $1.63, and the spot rate of the British pound is quoted at $1.60. The forward is percent. premium; 1.840 discount; 1.840 O premium; 1.875 discount; 1.875

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