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RWJ21 -5 MC Suppose the spot exchange rate is 1.1273 and the six-month forward rate is 1.1243 The U.S. dollar is selling at a relative

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RWJ21 -5 MC Suppose the spot exchange rate is 1.1273 and the six-month forward rate is 1.1243 The U.S. dollar is selling at a relative to the Euro and the U.S. dollar is expected to O A discount depreciate relative to the Euro B. premium appreciate premium: depreciate D. discounts appreciate

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