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Suppose that the 6-month forward rate for the dollar in terms of the Swiss franc for Wednesday was SF0.9680/$. If a currency dealer wanted to

  1. Suppose that the 6-month forward rate for the dollar in terms of the Swiss franc for Wednesday was SF0.9680/$.
    1. If a currency dealer wanted to quote the U.S. dollars 6-month forward rate as a premium or discount, what would that discount or premium be (up to 4 decimal places)?
    2. If a currency dealer wants to quote the Swiss francs 6-month forward rate as a discount or premium, what would that discount or premium be (up to 4 decimal places)?

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