Question: present rate for deutsche marks per dollar is 1 . 7 9 and 9 0 - day forward rate is 1 . 7 8 .

present rate for deutsche marks per dollar is 1.79 and 90-day forward rate is 1.78. Compute the annualized discount rate in dollar assuming 365 days in a year.
-2.37%
-2.266%
-2.97%
-2164%

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