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The forward Australian dollar, relative to the US dollar, given a spot rate of $A 1,5400/$ and a three-month forward rate of $A 1,5600/$ is

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The forward Australian dollar, relative to the US dollar, given a spot rate of $A 1,5400/$ and a three-month forward rate of $A 1,5600/$ is closest to: [annual premium or discount]

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