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Wells Fargo quoted 180-day forward rate on the Swiss franc (SF) at $1.0409/SF. The spot rate was quoted at $1.0268/SF. What is the forward discount
Wells Fargo quoted 180-day forward rate on the Swiss franc (SF) at $1.0409/SF. The spot rate was quoted at $1.0268/SF. What is the forward discount or premium on the Swiss franc? (Show all your work).
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