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Assume the Swiss franc/U.S. Dollar Spot rate is SFr.9253/$ and the 3-month forward rate is quoted as SFr.9315/$. Hence, the 3-month U.S. dollar is selling

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Assume the Swiss franc/U.S. Dollar Spot rate is SFr.9253/$ and the 3-month forward rate is quoted as SFr.9315/$. Hence, the 3-month U.S. dollar is selling at a forward of approximately per annum. None of the answers is correct O premium:.67% discount; .67% O premium; 2.68% discount; 2.66%

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