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Suppose that the spot rate for the euro is $1.0100 and with a forward rate of $0.9999. Which of the following most closely approximates the
Suppose that the spot rate for the euro is $1.0100 and with a forward rate of $0.9999.
Which of the following most closely approximates the forward discount of the euro?
-0.0030%
-0.0020%
-0.0010%
-1.0000%
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