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The spot and 180day forward rates for the DM are $.3310 and $.3402, respectively. The DM is said to be selling at a forward premium
The spot and 180day forward rates for the DM are $.3310 and $.3402, respectively. The DM is said to be selling at a forward premium or discount? How much?
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Millon Cornett
1st International Edition
0071181334, 9780071181334
