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We have these quotations: Spot: $1.7368/ 3-month forward: $1.7338/ what is the 3-month forward premium or discount (expressed as an annual percentage rate) for the

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We have these quotations: Spot: $1.7368/ 3-month forward: $1.7338/ what is the 3-month forward premium or discount (expressed as an annual percentage rate) for the British pound in American terms? 0.7% 2.8%0.7% 2.8% 11.2%

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