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The SF/$ spot exchange rate is SF1.25/$ and the 90-day forward premium is 8 percent p.a. What is the outright 90-day forward exchange rate? A.
The SF/$ spot exchange rate is SF1.25/$ and the 90-day forward premium is 8 percent p.a. What is the outright 90-day forward exchange rate?
- A. 1.275 SF/$
- B. 1.35 SF/$
- C. 1.30 SF/$
- D. None of the answer is correct
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