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The spot exchange rate on Australian dollars today is A$1.273 and the six-month forward rate is A$1.270. That means the US dollar is selling at

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The spot exchange rate on Australian dollars today is A$1.273 and the six-month forward rate is A$1.270. That means the US dollar is selling at a relative to the Australian dollar and the U.S. dollar is expected to relative to the Australian dollar Multiple Choice premium, remain constant premium, appreciate discount, depreciate o premium; remain constant o premium; appreciate o discount; depreciate o premium; depreciate o discount; appreciate

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