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Posted on Jul 25, 2024

Steve wishes to buy Pound Sterling spot ( at $ 1 . 6 9 6 5 ) and sell Sterling forward for 1 8 0

Steve wishes to buy Pound Sterling spot

(

at $

1.6965)

and sell Sterling forward for

180

days

(

at $

1.7399) .

What is the forward premium or discount on

180 -

day Sterling?

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