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The forward exchange rate consistent with IRP in 252 days is .73 Pds Use the forward rate calculated in the problem above. Calculate the %

The forward exchange rate consistent with IRP in 252 days is .73 Pds

Use the forward rate calculated in the problem above.

Calculate the % forward rate premium (or discount) for the UK (pounds)

Note: The currency whose forward exchange rate shows strengthening is at a premium.

_____ is the percent premium for (US/Pds)?

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