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The spot and 30-day forward rates of the Dutch Guilder are $0.3075 and $0.3120 respectively. The guilder is said to be selling at a forward:

The spot and 30-day forward rates of the Dutch Guilder are $0.3075 and $0.3120 respectively. The guilder is said to be selling at a forward:

Select one:

a. Premium of 16.83%

b. premium of 17.56%

c. discount of 6.39%

d. discount of 15.01%

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