Question: Assume that interest rate parity holds. U . S . interest rate is 4 . 2 0 % and Malaysian interest rate is 2 .

Assume that interest rate parity holds. U.S. interest rate is 4.20% and Malaysian interest rate is 2.80%. The forward rate on Malaysian ringgit exhibits a ____ of ____ percent. (Use the exact formula.) Question 14 options: discount;1.69 premium;1.69 discount;1.36 premium;1.36

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