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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:

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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: (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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