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the correct answer is 2.8% premium but i dont know how they got that answer The 90-day forward rate for the euro is $1.10, while

the correct answer is 2.8% premium but i dont know how they got that answer image text in transcribed

The 90-day forward rate for the euro is $1.10, while the current spot rate of the euro is $1.07. What is the annualized forward premium or discount of the euro

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