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The spot rate of British pound is quoted at $1.49. The 90-day forward rate exhibits a 2% discount. What is the 90- day forward rate

The spot rate of British pound is quoted at $1.49. The 90-day forward rate exhibits a 2% discount. What is the 90- day forward rate of the pound? a. $1.46 O b. $1.37 c. $1.61 d. $1.52

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