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The spot rate on the London market is 0.5520/$, while the 90-day forward rate is 0.5589/$. What is the annualized forward premium or discount on
The spot rate on the London market is 0.5520/$, while the 90-day forward rate is 0.5589/$. What is the annualized forward premium or discount on the British pound?
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Basic Finance An Introduction to Financial Institutions, Investments and Management
Authors: Herbert B. Mayo
11th Edition
1285425790, 1285425795, 9781305464988 , 978-1285425795
