[Solved] The $ / spot exchange rate is $ 1 . 5 0 /

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The $ / spot exchange rate is $ 1 . 5 0 / and the 1 2 0 - day forward premium for the euro

The $

/

spot exchange rate is $

1.50 /

and the

120 -

day forward premium for the euro is

10

percent. Find the

120 -

day forward price for the euro.

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