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The / spot exchange rate is 110/1 and the 120-day forward exchange rate is 120/1. Therefore, the forward premium (discount) is 9.09% 27.27% 3.71%

The / spot exchange rate is 110/1 and the 120-day forward exchange rate is 120/1. Therefore, the forward premium (discount) is 9.09% 27.27% 3.71% 32.73%

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