Question: For a U . S . trader working with American quotes, if the forward price is higher than the spot price Multiple Choice then you

For a U.S. trader working with American quotes, if the forward price is higher than the spot price
Multiple Choice
then you should buy at the spot, hold on to it and sell at the forward-it's a built-in arbitrage.
the currency is trading at a premium in the forward market.
all of the options
the currency is trading at a discount in the forward market.
For a U.S. trader working with American quotes, if the forward

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