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The spot rate of the British pound to the dollar is 1.65($/). The 180 day forward rate is $1.70, the annualized forward premlum Is: (Use

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The spot rate of the British pound to the dollar is 1.65($/). The 180 day forward rate is $1.70, the annualized forward premlum Is: (Use 360 days a year for calculations. Round your answer to 3 decimal places.) Multiple Choice 8561% 5.061% 7561% 6.061%

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