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Which of the following is true of forward and spot rates? The premium or discount is usually 7-10%. Spot and forward transactions generally occur on

Which of the following is true of forward and spot rates?

The premium or discount is usually 7-10%.

Spot and forward transactions generally occur on the organized exchange.

The length of a forward and spot contract is generally between zero and six months.

Both the forward and spot rate occur in the over-the-counter market.

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