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The spot and 6-month forward rates for the British Pound are $1.5800/ and $1.5510/, respectively. If the dollar is the home currency, the British
The spot and 6-month forward rates for the British Pound are $1.5800/ and $1.5510/, respectively. If the dollar is the home currency, the British Pound is said to be selling at a forward O premium ?
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Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
13th International Edition
1265533199, 978-1265533199
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