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The spot rate of the British pound to the dollar is 1.57 (S/). The 180 day forward rate is $1.80, the annualized forward premium is:
The spot rate of the British pound to the dollar is 1.57 (S/). The 180 day forward rate is $1.80, the annualized forward premium is: (Use 360 days a year for calculations. Round your answer to 3 decimal places.) A) 30.799% B) 29.299% C) 28.299% D) 31.799%
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Control And Audit In Management Accounting Cima Stage 4
Authors: Jeff Coates, Colin Rickwood, Ray Stacey
1st Edition
0750609958, 978-0750609951
