The spot rate on the London market is 0.5514/$, while the 90-day forward rate is 0.5589/$. What
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The spot rate on the London market is £0.5514/$, while the 90-day forward rate is £0.5589/$. What is the annualized forward premium or discount on the British pound?
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Related Book For
Fundamentals of corporate finance
ISBN: 978-0470876442
2nd Edition
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
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