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Suppose it is 1995 and the following direct quotes are received for spot and one-month French francs in New York: .1160-684-6. Then the outright 30-day
Suppose it is 1995 and the following direct quotes are received for spot and one-month French francs in New York: .1160-684-6. Then the outright 30-day forward quote for the French franc was? Please explain the steps taken to get the answer and not just the answer its self.
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