Suppose that the 30-day forward rate on the euro is $1.60093, while the current spot rate...
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Suppose that the 30-day forward rate on the euro is $1.60093, while the current spot rate is $1.6000. Which of the following best approximates the forward premium on an annualized basis?(Hint: Only consider 12 30-day months. In other words, consider a year to be only 360 days.) 0.60% 0.70% 0.40% 0.50% TOTAL SCORE: 1/2 Grade Final Sep and ast Suppose that the 30-day forward rate on the euro is $1.60093, while the current spot rate is $1.6000. Which of the following best approximates the forward premium on an annualized basis?(Hint: Only consider 12 30-day months. In other words, consider a year to be only 360 days.) 0.60% 0.70% 0.40% 0.50% TOTAL SCORE: 1/2 Grade Final Sep and ast
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30day forward rate 142095 Current spot rate 14200 m Number of 30day months per year ... View the full answer
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