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The spot exchange rate #110/$ has a 90 day forward premium of 12 percent APR. The 90 day forward exchange rate is: Multiple Choice 113.30/$1.

The spot exchange rate #110/$ has a 90 day forward premium of 12 percent APR. The 90 day forward exchange rate is: Multiple Choice 113.30/$1. 122.90/$1. None of the options. 116.60/$1. 106.70/$1

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