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Suppose that the spot rate for the euro is $ 1 . 0 5 0 0 and with a forward rate of $ 1 .

Suppose that the spot rate for the euro is $1.0500 and with a forward rate of $1.0605.
Which of the following most closely approximates the forward premium of the euro?
0.0010%
0.0020%
1.0000%
0.0030%
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