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The exchange rates between the pound sterling and the dollar are listed in the following: Spot: $1.50 1-month: $1.52 3-month: $1.55 6-month: $1.60 What is
The exchange rates between the pound sterling and the dollar are listed in the following:
Spot: $1.50
1-month: $1.52
3-month: $1.55
6-month: $1.60
What is the annualized forward percentage discount/premium on the 6-month forward pound?
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