Question: Calculate the difference in forward points using the following information: Investor Base currency: EURO; Value of Bond position: $1,000,000; Hedging Horizon: 6 months (180 days);

Calculate the difference in forward points using the following information:
Investor Base currency: EURO; 
Value of Bond position: $1,000,000; 
Hedging Horizon: 6 months (180 days); 
USD Libor 6 months: 2.45%; 
EURO Libor 6 months: 3.64%; 
USD/EURO bid & ask: 0.8765/0.8781 (base is EURO)

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