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The dollar-yen exchange rate in the spot market is $0.008962/6. The three-month forward rate is given as 50.008690/. How would a currency dealer quote the

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The dollar-yen exchange rate in the spot market is $0.008962/6. The three-month forward rate is given as 50.008690/. How would a currency dealer quote the dollar three- month forward as a premium/discount? 3.035% discount 12.52% premium 12.1496 discount 3.035% premium 3.130096 discount

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