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The half-year forward rate of a currency is quoted at $1.14, and the spot rate of the currency is quoted at $1.10. The forward is

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The half-year forward rate of a currency is quoted at $1.14, and the spot rate of the currency is quoted at $1.10. The forward is percent. ---- a) discount; 3.64 b) premium; 3.64 c) discount; 3.51 d) premium; 3.51 The premium on a Canadian dollar put option is $.04. The spot rate and the exercise price are $1.32. The spot rate at the time of this option expiration is expected to be $1.31. Speculators could profit by: a) writing a put option. b) buying a put option. c) buying a call option d) writing a call option AND writing a put option simultaneously

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