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The spot lira/dollar exchange rate is 833 lira/$. The 3-month forward rate is 863 lira/$. What is the lira's forward premium (or discount) on the

The spot lira/dollar exchange rate is 833 lira/$. The 3-month forward rate is 863 lira/$. What is the lira's forward premium (or discount) on the dollar, expressed as an annual rate?

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