The spot rate of the Australian dollar (A$) is A$1.1667/$. The Australian dollar is quoted at a

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The spot rate of the Australian dollar (A$) is A$1.1667/$. The Australian dollar is quoted at a 30-day forward premium of 4.90 percent against the U.S. dollar. What is the 30-day forward quote?

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Fundamentals of Corporate Finance

ISBN: 978-1119371403

4th edition

Authors: Robert Parrino, David S. Kidwell, Thomas Bates

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Question Posted: Feb 07, 2019 04:33 AM

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The spot rate of the Australian dollar (A$) is A$1.1667/$. The Australian dollar is quoted at a

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Fundamentals of Corporate Finance

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