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Question 9 (1 point) Suppose that on January 1, 1987, the spot rate on the Dutch guilder was $0.39 and the 180day forward rate was
Question 9 (1 point)
Suppose that on January 1, 1987, the spot rate on the Dutch guilder was $0.39 and the 180day forward rate was $0.40. The difference between the spot and forward rates suggested that
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Question 10 (1 point)
The direct spot quote for the Canadian dollar is $.76 and the 180day forward rate is $.74. The difference between the two rates is likely to mean that
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