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ROUND TO 4 DECIMAL PLACES Forward Premium on the Dollar. Calculate the forward premium on the dollar if the spot rate is $1.5798 = 1.00

ROUND TO 4 DECIMAL PLACES

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Forward Premium on the Dollar. Calculate the forward premium on the dollar if the spot rate is $1.5798 = 1.00 and the 3-month forward rate is $1.5544 = 1.00. Note: Use a 360-day year

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