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

The spot rate of the British pound to the dollar is 1.64($/&). The 180 day forward rate is $180, the annualized forward premium is: (Use 360 days o year for calculations. Round your answer to 3 decimal places.)

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