Calculate the forward discount on the dollar (the dollar is the home currency) if the spot rate

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Calculate the forward discount on the dollar (the dollar is the home currency) if the spot rate is $1.5800/£ and the 6-month forward rate is $1.5550/£?

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Related Book For  answer-question

Multinational Business Finance

ISBN: 978-0133879872

14th edition

Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett

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