The spot rate on the London market is 0.7531/$, while the 90-day forward rate is 0.7602/$. What

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The spot rate on the London market is £0.7531/$, while the 90-day forward rate is £0.7602/$. What is the annualized forward premium or discount on the British pound?

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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 on the London market is 0.7531/$, while the 90-day forward rate is 0.7602/$. What

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The British pound is at a forward discount ag...View the full answer

Fundamentals of Corporate Finance

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