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The spot rate of the British pound to the dollar is 1.64 ($/). The 180 day forward rate is $1.70, the annualized forward premium is:

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The spot rate of the British pound to the dollar is 1.64 ($/). The 180 day forward rate is $1.70, the annualized forward premium is: (Use 360 days a year for calculations. Round your answer to 3 decimal places.) Multiple Choice O 6.317% O 8.817% 9.817% O O O 7.317%

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