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The $/ spot exchange rate is $1.52/ and the 60-day forward exchange rate is $1.50/. The forward premium (discount) is a. the euro trading at

The $/ spot exchange rate is $1.52/ and the 60-day forward exchange rate is $1.50/. The forward premium (discount) is

a. the euro trading at an 8.0% premium to the dollar.

b. the euro trading at a 5.0% premium to the dollar.

c. the euro trading at a 7.9% discount to the dollar.

d. the euro trading at a 1.3% discount to the dollar.

e. none of the options

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