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Suppose that the spot rate for the euro is $1.0000 and with a forward discount of -5.00%. Which of the following most closely approximates the

Suppose that the spot rate for the euro is $1.0000 and with a forward discount of -5.00%.

Which of the following most closely approximates the implied forward rate of the euro in this situation?

-$0.0029

$0.9500

$0.0010

-$0.0019

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