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The spot rate for the Singapore dollar is $0.590. The 30 day forward rate is $0.588.The forward rate for Singapore dollar contains an annualized _______of_______%

The spot rate for the Singapore dollar is $0.590. The 30 day forward rate is $0.588.The forward rate for Singapore dollar contains an annualized _______of_______%

  1. Discount 4.07
  2. Premium 4.07
  3. Premium 4.20
  4. Discount 4.20

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