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Suppose S(SGD/USD) =1.6050/60 and the three-month swap points are 25/15. If a customer wishes to sell USD using a three-month forward rate, what would be
Suppose S(SGD/USD) =1.6050/60 and the three-month swap points are 25/15. If a customer wishes to sell USD using a three-month forward rate, what would be the forward rate F(SGD/USD)? 1.6075 1.6085 1.6035 1.6025
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